China Resources Cement Holdings Ltd. Unsponsored ADR (OTCMKTS:CARCY – Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as $4.10 and last traded at $4.10, with a volume of 176 shares changing hands. The stock had previously closed at $6.0250.
China Resources Cement Stock Down 32.0%
The stock has a fifty day moving average price of $5.30 and a 200 day moving average price of $5.65. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.61 and a quick ratio of 0.44. The stock has a market capitalization of $954.32 million, a P/E ratio of 41.00 and a beta of -0.03.
China Resources Cement (OTCMKTS:CARCY – Get Free Report) last posted its earnings results on Friday, April 24th. The company reported ($0.12) earnings per share for the quarter. China Resources Cement had a net margin of 0.86% and a return on equity of 0.39%. The company had revenue of $601.83 million for the quarter.
About China Resources Cement
China Resources Cement Holdings Limited (OTCMKTS: CARCY) is a leading integrated producer of cement and building materials in the People’s Republic of China. As a subsidiary of the state-owned conglomerate China Resources Group, the company focuses on the manufacturing, distribution and sale of cement, clinker and related products. Headquartered in Hong Kong, China Resources Cement leverages its parent’s nationwide infrastructure to support construction and infrastructure development across mainland China.
The company’s core operations encompass the production of Portland cement, blended cement and specialty cements tailored for engineering and construction applications.
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