China XD Plastics Company Ltd (NASDAQ:CXDC) CFO Dahe Zhang Sells 93,660 Shares of Stock
China XD Plastics Company Ltd (NASDAQ:CXDC) CFO Dahe Zhang sold 93,660 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $2.05, for a total transaction of $192,003.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of CXDC stock traded up $0.02 on Friday, hitting $1.70. The company’s stock had a trading volume of 2,654 shares, compared to its average volume of 23,229. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.57 and a current ratio of 1.06. The stock’s 50 day moving average is $1.97 and its 200-day moving average is $2.08. China XD Plastics Company Ltd has a fifty-two week low of $1.45 and a fifty-two week high of $3.27. The company has a market capitalization of $113.81 million, a PE ratio of 1.40 and a beta of 1.41.
China XD Plastics (NASDAQ:CXDC) last released its quarterly earnings results on Thursday, November 14th. The basic materials company reported $0.25 EPS for the quarter. China XD Plastics had a net margin of 5.45% and a return on equity of 10.10%. The business had revenue of $373.16 million for the quarter.
Separately, ValuEngine upgraded shares of China XD Plastics from a “sell” rating to a “hold” rating in a research note on Saturday, December 7th.
About China XD Plastics
China XD Plastics Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of modified plastics primarily for automotive applications in the People's Republic of China and Dubai, the United Arab Emirates. Its modified plastics are used to fabricate various auto components, including exteriors consisting of automobile bumpers, rearview and sideview mirrors, and license plate parts; interiors, such as door panels, dashboards, steering wheels, glove compartments, and safety belt components; and functional components comprising air conditioner casings, heating and ventilation casings, engine covers, and air ducts.
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