China Resources Cement (OTCMKTS:CARCY – Get Free Report) issued its quarterly earnings results on Friday. The company reported ($0.23) EPS for the quarter, Zacks reports. China Resources Cement had a negative net margin of 1.44% and a negative return on equity of 0.61%.
China Resources Cement Stock Performance
CARCY stock remained flat at $3.42 during midday trading on Friday. The company’s stock had a trading volume of 1 shares, compared to its average volume of 32. The business has a 50-day moving average of $3.82 and a 200 day moving average of $4.77. China Resources Cement has a 52 week low of $3.42 and a 52 week high of $6.05. The firm has a market capitalization of $796.04 million, a PE ratio of -19.00 and a beta of 0.03. The company has a quick ratio of 0.38, a current ratio of 0.55 and a debt-to-equity ratio of 0.20.
About China Resources Cement
China Resources Cement Holdings Limited is a cement and concrete producer headquartered in Hong Kong and a subsidiary of China Resources Group. Through its operating subsidiaries, the company manufactures and sells cement, commercial concrete and related construction materials used in infrastructure, residential and commercial development.
The company serves customers primarily in mainland China, with operations concentrated in southern and southwestern regions, including provinces such as Guangdong, Guangxi, Fujian, Hainan and Yunnan.
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