FY2023 EPS Estimates for Chow Tai Fook Jewellery Group Limited (OTCMKTS:CJEWY) Boosted by Analyst

Chow Tai Fook Jewellery Group Limited (OTCMKTS:CJEWY) – Investment analysts at Jefferies Financial Group boosted their FY2023 earnings per share estimates for shares of Chow Tai Fook Jewellery Group in a report released on Tuesday, June 8th. Jefferies Financial Group analyst A. Ling now expects that the company will post earnings per share of $0.88 for the year, up from their prior estimate of $0.79.

Separately, JPMorgan Chase & Co. downgraded shares of Chow Tai Fook Jewellery Group from an “overweight” rating to a “neutral” rating in a report on Tuesday, May 18th.

Shares of OTCMKTS:CJEWY opened at $19.83 on Friday. Chow Tai Fook Jewellery Group has a twelve month low of $8.29 and a twelve month high of $20.71. The stock’s 50 day moving average price is $17.06. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.70 and a quick ratio of 0.40. The firm has a market capitalization of $19.83 billion, a price-to-earnings ratio of 53.58 and a beta of 0.94.

Chow Tai Fook Jewellery Group Company Profile

Chow Tai Fook Jewellery Group Limited, an investment holding company, manufactures and sells jewelry products. The company offers high-end luxury, mass luxury, and youth line jewelry products, including gem-set, gold, and platinum/karat gold products under the CHOW TAI FOOK, HEARTS ON FIRE, T MARK, MONOLOGUE, and SOINLOVE brands.

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