China Resources Cement (OTCMKTS:CARCY) Shares Gap Down – Time to Sell?

China Resources Cement Holdings Ltd. Unsponsored ADR (OTCMKTS:CARCY)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $4.5056, but opened at $3.6750. China Resources Cement shares last traded at $3.6750, with a volume of 100 shares trading hands.

China Resources Cement Stock Performance

The stock has a market capitalization of $855.41 million, a PE ratio of -20.42 and a beta of -0.01. 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 moving average of $4.25 and a 200-day moving average of $5.22.

China Resources Cement (OTCMKTS:CARCY) last released its earnings results on Friday, August 21st. The company reported ($0.16) earnings per share for the quarter. The business 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 0.62%.

About China Resources Cement

China Resources Cement Holdings Limited (OTCMKTS:CARCY) is a cement and building-materials producer operating primarily in mainland China. The company manufactures and sells cement, commercial concrete, clinker and aggregates, which are used in residential, commercial and infrastructure construction.

China Resources Cement is part of China Resources Group, a diversified state-owned enterprise. Its operations have historically been concentrated in southern and southwestern China, including markets such as Guangdong, Guangxi, Yunnan and Fujian, with production and distribution facilities serving regional construction demand.

The company was established in the early 2000s and has expanded through the development and integration of cement, clinker and concrete production assets.