China BlueChemical (OTCMKTS:CBLUY) Reaches New 12-Month Low – Should You Sell?

China BlueChemical Ltd. (OTCMKTS:CBLUY – Get Free Report) reached a new 52-week low during trading on Thursday. The stock traded as low as $11.63 and last traded at $11.63, with a volume of 100 shares. The stock had previously closed at $14.31.

China BlueChemical Trading Down 18.7%

The stock’s fifty day moving average price is $16.95 and its two-hundred day moving average price is $15.57. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.67 and a quick ratio of 4.32.

China BlueChemical Company Profile

(Get Free Report)

China BlueChemical Limited is a Chinese chemical and fertilizer producer and a subsidiary of China National Offshore Oil Corporation (CNOOC). The company manufactures and sells agricultural and industrial chemical products, with its business supported in part by access to natural gas and other petrochemical feedstocks.

Its product portfolio primarily includes urea and other nitrogen fertilizers, phosphate fertilizers and compound fertilizers, as well as methanol and related chemical products.

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