China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY – Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 17,700 shares, a growth of 2,850.0% from the June 30th total of 600 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is currently 3.9 days.
China Resources Building Materials Technology Stock Performance
OTCMKTS:CARCY opened at $6.97 on Friday. The stock has a market capitalization of $1.62 billion, a P/E ratio of 15.84 and a beta of 0.06. The company has a 50 day moving average price of $5.89 and a 200 day moving average price of $5.30. China Resources Building Materials Technology has a fifty-two week low of $3.86 and a fifty-two week high of $12.00.
China Resources Building Materials Technology Cuts Dividend
The firm also recently announced a dividend, which will be paid on Thursday, August 1st. Shareholders of record on Friday, May 31st will be issued a dividend of $0.0219 per share. The ex-dividend date of this dividend is Friday, May 31st. China Resources Building Materials Technology’s dividend payout ratio (DPR) is presently 9.09%.
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.
Further Reading
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