China Resources Cement (OTCMKTS:CARCY) Hits New 1-Year Low – Time to Sell?

China Resources Cement Holdings Ltd. Unsponsored ADR (OTCMKTS:CARCY)’s share price hit a new 52-week low during mid-day trading on Monday. The stock traded as low as $3.42 and last traded at $3.42, with a volume of 564 shares trading hands. The stock had previously closed at $4.10.

China Resources Cement Trading Down 6.9%

The stock’s 50 day simple moving average is $3.95 and its 200 day simple moving average is $4.93. The firm has a market cap of $796.04 million, a PE ratio of -19.00 and a beta of 0.03. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.38 and a current ratio of 0.55.

China Resources Cement (OTCMKTS:CARCY) last announced its quarterly earnings data on Friday, August 21st. The company reported ($0.16) earnings per share for the quarter. The firm had revenue of $656.39 million for the quarter. China Resources Cement had a negative net margin of 1.44% and a negative return on equity of 0.61%.

China Resources Cement Company Profile

China Resources Cement Holdings Limited is a cement and building materials producer headquartered in Hong Kong and a subsidiary of China Resources Holdings. The company manufactures and sells cement and clinker, which are used in residential, commercial and infrastructure construction projects.

In addition to cement products, China Resources Cement produces and sells commercial concrete and aggregates, including crushed stone and sand used in construction. Its business also includes related building-materials activities that support the broader construction supply chain.

The company was established in 2003 and has developed an operating presence primarily in southern and southwestern China, including markets such as Guangdong, Guangxi, Fujian, Hainan and Yunnan.