China Resources Building Materials Technology (OTCMKTS:CARCY) Stock Price Down 12.4% – What’s Next?

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY)’s stock price fell 12.4% during mid-day trading on Thursday . The stock traded as low as $6.44 and last traded at $6.44. 206 shares changed hands during trading, a decline of 90% from the average session volume of 2,053 shares. The stock had previously closed at $7.35.

China Resources Building Materials Technology Price Performance

The firm has a market cap of $1.50 billion, a PE ratio of 56.54 and a beta of 0.07. The company has a 50-day simple moving average of $7.57 and a 200-day simple moving average of $6.66.

China Resources Building Materials Technology (OTCMKTS:CARCY) last announced its quarterly earnings data on Monday, October 28th. The company reported $0.08 EPS for the quarter. The company had revenue of $762.93 million for the quarter. China Resources Building Materials Technology had a return on equity of 0.38% and a net margin of 1.07%. As a group, equities research analysts predict that China Resources Building Materials Technology Holdings Limited will post 0.07 earnings per share for the current year.

About China Resources Building Materials Technology

China Resources Building Materials Technology Holdings Limited, an investment holding company, manufactures and sells cement, concrete, aggregates, and related products and services in Mainland China. It operates through Cement, Concrete, and Aggregates and Others segments. The company engages in the excavation of limestone; and production, sale, and distribution of cement, clinker, and concrete.