China Resources Building Materials Technology (OTCMKTS:CARCY) Trading 1.6% Higher – Still a Buy?

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCYGet Free Report)’s stock price shot up 1.6% during trading on Monday . The company traded as high as $6.26 and last traded at $6.26. 486 shares changed hands during mid-day trading, an increase of 13% from the average session volume of 431 shares. The stock had previously closed at $6.16.

China Resources Building Materials Technology Stock Performance

The company has a 50 day moving average price of $6.32 and a 200 day moving average price of $6.69. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of 48.15 and a beta of 0.14.

About China Resources Building Materials Technology

(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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