CHINA COMMUNICA/ADR (OTCMKTS:CCCGY) Stock Price Passes Above 50 Day Moving Average of $11.78

CHINA COMMUNICA/ADR (OTCMKTS:CCCGY)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $11.78 and traded as high as $11.96. CHINA COMMUNICA/ADR shares last traded at $11.96, with a volume of 3,730 shares.

A number of brokerages have issued reports on CCCGY. Zacks Investment Research upgraded CHINA COMMUNICA/ADR from a “sell” rating to a “hold” rating in a research note on Tuesday, June 23rd. ValuEngine upgraded CHINA COMMUNICA/ADR from a “strong sell” rating to a “sell” rating in a research note on Thursday, July 2nd. Finally, Goldman Sachs Group lowered CHINA COMMUNICA/ADR to a “sell” rating in a research note on Wednesday, May 27th.

The stock has a 50 day simple moving average of $11.78 and a 200-day simple moving average of $13.35. The firm has a market cap of $9.67 billion, a PE ratio of 3.93 and a beta of 0.67. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 0.93.

CHINA COMMUNICA/ADR (OTCMKTS:CCCGY) last released its quarterly earnings data on Wednesday, June 24th. The company reported $0.37 EPS for the quarter. CHINA COMMUNICA/ADR had a net margin of 3.43% and a return on equity of 6.53%. The business had revenue of $13.67 billion during the quarter. On average, equities research analysts expect that CHINA COMMUNICA/ADR will post 3.48 EPS for the current year.

CHINA COMMUNICA/ADR Company Profile (OTCMKTS:CCCGY)

China Communications Construction Company Limited, together with its subsidiaries, engages in the infrastructure construction, infrastructure design, dredging, and other businesses. The company is involved in the construction of ports, roads and bridges, railways, municipal and environmental projects, etc.; and provision of infrastructure design services, including consulting and planning, feasibility study, survey and design, engineering consultancy, engineering measurement and technical research, project management, project supervision, general project contracting, compilation of industry standards and codes, etc.

Read More: Growth Stocks, What They Are, What They Are Not

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