China Resources Cement Holdings Ltd. Unsponsored ADR (OTCMKTS:CARCY – Get Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $4.5056, but opened at $3.6750. China Resources Cement shares last traded at $3.6750, with a volume of 100 shares.
China Resources Cement Stock Down 18.4%
The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.44 and a current ratio of 0.61. The stock’s fifty day simple moving average is $4.25 and its two-hundred day simple moving average is $5.22. The company has a market capitalization of $855.41 million, a price-to-earnings ratio of -20.42 and a beta of -0.01.
China Resources Cement (OTCMKTS:CARCY – Get Free Report) last posted its quarterly earnings results on Friday, August 21st. The company reported ($0.16) earnings per share (EPS) for the quarter. China Resources Cement had a negative net margin of 1.44% and a negative return on equity of 0.62%. The company had revenue of $656.39 million during the quarter.
China Resources Cement Company Profile
China Resources Cement Holdings Limited (OTCMKTS:CARCY) is a cement and building-materials producer operating primarily in mainland China. The company manufactures and sells cement, commercial concrete, clinker and aggregates, which are used in residential, commercial and infrastructure construction.
China Resources Cement is part of China Resources Group, a diversified state-owned enterprise. Its operations have historically been concentrated in southern and southwestern China, including markets such as Guangdong, Guangxi, Yunnan and Fujian, with production and distribution facilities serving regional construction demand.
The company was established in the early 2000s and has expanded through the development and integration of cement, clinker and concrete production assets.
See Also
- Five stocks we like better than China Resources Cement
- Running on Empty: 3 Energy Plays for Europe’s Deep Freeze
- 3 Healthcare Stocks for 3 Stages of Life
- Curaleaf Tries To Roll Up Aurora In a Hostile Cannabis Bid
- MarketBeat’s Most Downgraded Stocks in Q3: 2 Look Cheap, 1 Looks Risky
Receive News & Ratings for China Resources Cement Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Resources Cement and related companies with MarketBeat.com's FREE daily email newsletter.
