China National Building Material (OTCMKTS:CBUMY) Trading Up 8.5% – Still a Buy?

China National Building Material Company Limited (OTCMKTS:CBUMYGet Free Report)’s share price was up 8.5% during mid-day trading on Tuesday . The stock traded as high as $22.89 and last traded at $22.89. Approximately 1,095 shares changed hands during trading, a decline of 31% from the average daily volume of 1,577 shares. The stock had previously closed at $21.10.

China National Building Material Trading Up 8.5%

The stock has a fifty day moving average of $22.51 and a 200-day moving average of $28.91.

About China National Building Material

(Get Free Report)

China National Building Material Company Ltd. (OTCMKTS: CBUMY) is a leading Chinese state-owned conglomerate specializing in the production and distribution of building materials and related equipment. The company’s core products include cement, lightweight building boards, fiber cement, and glass fiber materials. Through its subsidiaries, CNBM supplies a wide array of construction inputs used in residential, commercial, and infrastructure projects.

In addition to materials manufacturing, CNBM is active in engineering and equipment design for the construction industry.

See Also

Receive News & Ratings for China National Building Material Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China National Building Material and related companies with MarketBeat.com's FREE daily email newsletter.