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

China Resources Cement Holdings Ltd. Unsponsored ADR (OTCMKTS:CARCYGet Free Report) shares hit 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 200 shares. The stock had previously closed at $4.5056.

China Resources Cement Stock Performance

The company has a 50-day simple moving average of $4.94 and a two-hundred day simple moving average of $5.55. 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 market capitalization of $954.32 million, a P/E ratio of 41.00 and a beta of -0.01.

About China Resources Cement

(Get Free Report)

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.

Further Reading

Receive News & Ratings for China Resources Cement Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Resources Cement and related companies with MarketBeat.com's FREE daily email newsletter.