China BlueChemical (OTCMKTS:CBLUY) Hits New 12-Month High – Here’s What Happened

China BlueChemical Ltd. (OTCMKTS:CBLUYGet Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as $19.78 and last traded at $19.78, with a volume of 100 shares changing hands. The stock had previously closed at $19.78.

China BlueChemical Stock Performance

The company has a debt-to-equity ratio of 0.04, a current ratio of 4.62 and a quick ratio of 4.32. The stock’s 50 day simple moving average is $9.05 and its 200 day simple moving average is $8.73.

About China BlueChemical

(Get Free Report)

China BlueChemical Co, Ltd. is a leading producer of nitrogen-based fertilizers and chemical products in the People’s Republic of China. The company’s core activities include the manufacturing and sale of nitrogenous fertilizers—such as urea, ammonium bicarbonate and ammonium sulfate—as well as methanol and related chemical intermediates. These products serve both the agricultural sector, where they are used to enhance crop yields, and various industrial applications, including chemical synthesis and fuel blending.

Headquartered in Zibo, Shandong Province, China BlueChemical operates multiple production facilities strategically located near natural gas supplies, which underpins its ammonia and methanol production processes.

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