China Resources Cement (OTCMKTS:CARCY) Sets New 52-Week Low – Here’s Why

China Resources Cement Holdings Ltd. Unsponsored ADR (OTCMKTS:CARCY)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $4.10 and last traded at $4.10, with a volume of 176 shares traded. The stock had previously closed at $6.0250.

China Resources Cement Trading Down 32.0%

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 firm has a 50 day simple moving average of $5.30 and a two-hundred day simple moving average of $5.65. The firm has a market capitalization of $954.32 million, a P/E ratio of 41.00 and a beta of -0.03.

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

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.