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

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

China Resources Building Materials Technology Stock Up 16.7 %

The stock has a market capitalization of $1.70 billion, a P/E ratio of 56.11 and a beta of 0.16. The company has a fifty day simple moving average of $6.05 and a two-hundred day simple moving average of $6.64.

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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