China BlueChemical (OTCMKTS:CBLUY) Reaches New 1-Year Low – Should You Sell?

China BlueChemical Ltd. (OTCMKTS:CBLUY – Get Free Report) shares reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as $11.63 and last traded at $11.63, with a volume of 100 shares changing hands. The stock had previously closed at $14.31.

China BlueChemical Stock Performance

The company has a quick ratio of 4.32, a current ratio of 4.67 and a debt-to-equity ratio of 0.06. The business has a fifty day simple moving average of $16.71 and a 200 day simple moving average of $15.56.

About China BlueChemical

(Get Free Report)

China BlueChemical Limited is a Chinese chemical and fertilizer producer and a subsidiary of China National Offshore Oil Corporation (CNOOC). The company manufactures and sells agricultural and industrial chemical products, with its business supported in part by access to natural gas and other petrochemical feedstocks.

Its product portfolio primarily includes urea and other nitrogen fertilizers, phosphate fertilizers and compound fertilizers, as well as methanol and related chemical products.

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