China Resources Cement (OTCMKTS:CARCY) Hits New 52-Week Low – Time to Sell?

China Resources Cement Holdings Ltd. Unsponsored ADR (OTCMKTS:CARCY) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as $4.6792 and last traded at $4.6792, with a volume of 890 shares trading hands. The stock had previously closed at $6.05.

China Resources Cement Price Performance

The stock has a market capitalization of $1.09 billion, a PE ratio of 46.79 and a beta of -0.06. The company has a quick ratio of 0.44, a current ratio of 0.61 and a debt-to-equity ratio of 0.23. The stock’s 50 day moving average price is $6.02 and its 200-day moving average price is $5.89.

China Resources Cement (OTCMKTS:CARCY) last issued its earnings results on Friday, April 24th. The company reported ($0.12) earnings per share (EPS) for the quarter. The company had revenue of $601.83 million for the quarter. China Resources Cement had a net margin of 0.86% and a return on equity of 0.39%.

China Resources Cement Company Profile

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.