China Resources Cement (OTCMKTS:CARCY) Sets New 12-Month Low – Should You Sell?

China Resources Cement Holdings Ltd. Unsponsored ADR (OTCMKTS:CARCYGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $4.10 and last traded at $4.10, with a volume of 200 shares trading hands. The stock had previously closed at $4.5056.

China Resources Cement Stock Performance

The company’s 50-day moving average is $4.94 and its two-hundred day moving average is $5.55. The company has a market capitalization of $954.32 million, a P/E ratio of 41.00 and a beta of -0.01. The company has a quick ratio of 0.44, a current ratio of 0.61 and a debt-to-equity ratio of 0.23.

About China Resources Cement

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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.

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