China Resources Building Materials Technology (OTCMKTS:CARCY) Sets New 12-Month High at $8.81

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $8.81 and last traded at $8.15, with a volume of 2254 shares trading hands. The stock had previously closed at $6.08.

China Resources Building Materials Technology Price Performance

The business’s 50-day moving average is $6.49 and its 200 day moving average is $5.76. The firm has a market capitalization of $1.90 billion, a P/E ratio of 13.82 and a beta of 0.06.

China Resources Building Materials Technology (OTCMKTS:CARCY) last announced its earnings results on Friday, August 16th. The company reported $0.11 EPS for the quarter. The company had revenue of $706.85 million for the quarter. China Resources Building Materials Technology had a net margin of 0.80% and a return on equity of 0.38%. Analysts anticipate that China Resources Building Materials Technology Holdings Limited will post 0.35 EPS for the current fiscal year.

China Resources Building Materials Technology Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Friday, September 13th will be issued a dividend of $0.0616 per share. This is a positive change from China Resources Building Materials Technology’s previous dividend of $0.02. The ex-dividend date is Friday, September 13th. China Resources Building Materials Technology’s dividend payout ratio is 27.27%.

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.