China Resources Building Materials Technology (OTCMKTS:CARCY) Stock Price Up 16.7% – Should You Buy?

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCYGet Free Report)’s share price rose 16.7% during mid-day trading on Monday . The company traded as high as $7.29 and last traded at $7.29. Approximately 948 shares traded hands during mid-day trading, an increase of 128% from the average daily volume of 416 shares. The stock had previously closed at $6.25.

China Resources Building Materials Technology Trading Up 16.7 %

The company has a 50 day simple moving average of $6.05 and a 200 day simple moving average of $6.64. The stock has a market cap of $1.70 billion, a P/E ratio of 56.11 and a beta of 0.16.

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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