China Resources Cement (OTCMKTS:CARCY) Sets New 52-Week Low – Time to Sell?

China Resources Cement Holdings Ltd. Unsponsored ADR (OTCMKTS:CARCY) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as $5.72 and last traded at $5.72, with a volume of 101 shares traded. The stock had previously closed at $6.26.

China Resources Cement Stock Performance

The company has a market cap of $1.33 billion, a P/E ratio of 44.00 and a beta of -0.09. The business has a 50-day moving average of $6.70 and a two-hundred day moving average of $6.66. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.58 and a quick ratio of 0.43.

China Resources Cement (OTCMKTS:CARCY) last announced its earnings results on Friday, October 24th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $679.60 million during the quarter. China Resources Cement had a net margin of 1.04% and a return on equity of 0.51%.

About China Resources Cement

China Resources Building Materials Technology Holdings Limited, an investment holding company, manufactures and sells cement, concrete, aggregates, and related products and services in Mainland China. It operates through Cement, Concrete, and Aggregates and Others segments. The company engages in the excavation of limestone; and production, sale, and distribution of cement, clinker, and concrete.