China Resources Cement (OTCMKTS:CARCY) Hits New 12-Month Low - Time to Sell?

Key Points

• 52-week low: China Resources Cement hit a new 52-week low of $6.0250 on Tuesday with only 150 shares traded, matching its prior close at that level.
• Weak liquidity and profitability: The company shows a current ratio of 0.70 and quick ratio of 0.54, with a net margin of 2.27% and ROE of 1.05% (debt-to-equity is 0.26).
• Recent results and valuation: the firm reported $0.09 EPS on $844.15 million in quarterly revenue, has a market cap of $1.40 billion and a PE of 21.52, and the stock sits near its 200-day MA ($6.20) versus a 50-day MA of $5.75.

China Resources Cement Holdings Ltd. Unsponsored ADR (OTCMKTS:CARCY - Get Free Report)'s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as $6.0250 and last traded at $6.0250, with a volume of 150 shares changing hands. The stock had previously closed at $6.0250.

China Resources Cement Stock Performance

The company has a debt-to-equity ratio of 0.26, a current ratio of 0.70 and a quick ratio of 0.54. The firm has a market capitalization of $1.40 billion, a PE ratio of 21.52 and a beta of -0.06. The firm has a fifty day moving average price of $5.75 and a 200 day moving average price of $6.20.

China Resources Cement (OTCMKTS:CARCY - Get Free Report) last posted its quarterly earnings data on Thursday, March 19th. The company reported $0.09 earnings per share for the quarter. The firm had revenue of $844.15 million for the quarter. China Resources Cement had a net margin of 2.27% and a return on equity of 1.05%.

China Resources Cement Company Profile

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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