China Resources Cement Holdings Ltd. Unsponsored ADR (OTCMKTS:CARCY – Get Free Report)’s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $5.04 and traded as low as $4.5056. China Resources Cement shares last traded at $4.5056, with a volume of 100 shares trading hands.
China Resources Cement Price Performance
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 company has a market cap of $1.05 billion, a PE ratio of 45.06 and a beta of -0.03. The business’s 50 day moving average is $5.01 and its 200-day moving average is $5.57.
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.
Further Reading
- Five stocks we like better than China Resources Cement
- Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
- Lost in Space: Why Aerospace Valuations Are Plummeting Right Now
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.
