China Resources Cement (OTCMKTS:CARCY) Stock Price Down 3.4% – Here’s What Happened

China Resources Cement Holdings Ltd. Unsponsored ADR (OTCMKTS:CARCYGet Free Report) traded down 3.4% on Wednesday . The company traded as low as $6.05 and last traded at $6.05. 102 shares changed hands during mid-day trading, an increase of 40,700% from the average session volume of 0 shares. The stock had previously closed at $6.26.

China Resources Cement Trading Down 3.4%

The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.54 and a current ratio of 0.70. The company’s 50 day moving average price is $5.73 and its 200 day moving average price is $6.22.

China Resources Cement Company Profile

(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.

Recommended Stories

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.