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China Resources Building Materials Technology (OTCMKTS:CARCY) Stock Price Down 12.4% - Here's What Happened

China Resources Building Materials Technology logo with Construction background

Shares of China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY - Get Free Report) traded down 12.4% during trading on Thursday . The company traded as low as $6.44 and last traded at $6.44. 206 shares changed hands during mid-day 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 Stock Performance

The firm's 50-day moving average price is $7.56 and its two-hundred day moving average price is $6.65. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 49.54 and a beta of 0.07.

China Resources Building Materials Technology (OTCMKTS:CARCY - Get Free Report) last posted its quarterly earnings results on Monday, October 28th. The company reported $0.08 earnings per share for the quarter. China Resources Building Materials Technology had a net margin of 1.07% and a return on equity of 0.38%. The business had revenue of $762.93 million for the quarter. As a group, sell-side analysts expect that China Resources Building Materials Technology Holdings Limited will post 0.07 earnings per share for the current fiscal year.

China Resources Building Materials Technology Company Profile

(Get Free Report)

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.

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