China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) Sees Large Drop in Short Interest

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 100 shares, a decline of 50.0% from the December 15th total of 200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 1.0 days.

China Resources Building Materials Technology Price Performance

China Resources Building Materials Technology stock remained flat at $5.85 during midday trading on Wednesday. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 45.00 and a beta of 0.07. China Resources Building Materials Technology has a 52 week low of $3.86 and a 52 week high of $8.81. The company’s 50 day moving average is $6.74 and its 200 day moving average is $6.78.

China Resources Building Materials Technology (OTCMKTS:CARCY) last released its quarterly earnings results on Monday, October 28th. The company reported $0.08 earnings per share for the quarter. China Resources Building Materials Technology had a net margin of 1.07% and a return on equity of 0.38%. The business had revenue of $762.93 million for the quarter. Research analysts anticipate that China Resources Building Materials Technology will post 0.07 EPS for the current year.

China Resources Building Materials Technology Company Profile

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.