China XD Plastics Co. (CXDC) Shares Up 3.2%
China XD Plastics Co. (NASDAQ:CXDC) shot up 3.2% on Tuesday . The stock traded as high as $4.88 and last traded at $4.88, with a volume of 55,670 shares. The stock had previously closed at $4.73.
Separately, TheStreet cut China XD Plastics from a “hold” rating to a “sell” rating in a research note on Friday, June 3rd.
The stock has a market capitalization of $239.13 million and a P/E ratio of 4.12. The company’s 50-day moving average price is $4.28 and its 200 day moving average price is $3.56.
China XD Plastics (NASDAQ:CXDC) last posted its quarterly earnings results on Friday, August 5th. The company reported $0.51 EPS for the quarter. The company earned $277.10 million during the quarter, compared to the consensus estimate of $265.40 million. On average, equities analysts predict that China XD Plastics Co. will post $1.73 earnings per share for the current fiscal year.
China XD Plastics Company Limited (China XD) is a specialty chemical company. The Company is engaged in the research, development, manufacture and sale of modified plastics for automotive applications in China and to a lesser extent, in Dubai, the United Arab Emirates (UAE). The Company operates in the modified plastics segment.
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