Short Interest in China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) Drops By 50.0%

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCYGet Free Report) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 100 shares, a drop of 50.0% from the December 15th total of 200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 1.0 days.

China Resources Building Materials Technology Stock Performance

Shares of China Resources Building Materials Technology stock remained flat at $5.85 during midday trading on Tuesday. 3 shares of the company traded hands, compared to its average volume of 1,973. China Resources Building Materials Technology has a 12 month low of $3.86 and a 12 month high of $8.81. The stock has a market capitalization of $1.36 billion, a PE ratio of 45.00 and a beta of 0.07. The business has a 50 day simple moving average of $6.77 and a two-hundred day simple moving average of $6.78.

China Resources Building Materials Technology (OTCMKTS:CARCYGet Free Report) last announced its quarterly earnings results on Monday, October 28th. The company reported $0.08 earnings per share (EPS) for the quarter. The firm had revenue of $762.93 million during 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 will post 0.07 earnings per share for the current 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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