China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY - Get Free Report) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 900 shares, an increase of 125.0% from the September 30th total of 400 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is currently 1.1 days.
China Resources Building Materials Technology Stock Performance
Shares of OTCMKTS:CARCY remained flat at $7.50 on Friday. China Resources Building Materials Technology has a fifty-two week low of $3.86 and a fifty-two week high of $8.81. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of 17.05 and a beta of 0.07. The firm has a 50-day simple moving average of $7.01 and a 200 day simple moving average of $6.17.
China Resources Building Materials Technology (OTCMKTS:CARCY - Get Free Report) last released its quarterly earnings data on Friday, August 16th. The company reported $0.11 EPS for the quarter. China Resources Building Materials Technology had a net margin of 0.80% and a return on equity of 0.38%. The business had revenue of $706.85 million for the quarter. Analysts expect that China Resources Building Materials Technology will post 0.07 earnings per share for the current fiscal year.
China Resources Building Materials Technology Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Tuesday, November 12th. Investors of record on Friday, September 13th will be given a $0.0616 dividend. The ex-dividend date is Friday, September 13th. This is a positive change from China Resources Building Materials Technology's previous dividend of $0.02. China Resources Building Materials Technology's payout ratio is currently 27.27%.
About China Resources Building Materials Technology
(
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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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