China Resources Cement (OTCMKTS:CARCY) Shares Gap Down – Here’s What Happened

China Resources Cement Holdings Ltd. Unsponsored ADR (OTCMKTS:CARCYGet Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $4.5056, but opened at $4.10. China Resources Cement shares last traded at $4.10, with a volume of 200 shares traded.

China Resources Cement Price Performance

The firm’s fifty day moving average price is $4.90 and its 200-day moving average price is $5.54. The company has a quick ratio of 0.44, a current ratio of 0.61 and a debt-to-equity ratio of 0.23. The stock has a market cap of $954.32 million, a P/E ratio of 41.00 and a beta of -0.01.

China Resources Cement Company Profile

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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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