Metallurgical Co. of China (OTCMKTS:MLLUY) Shares Down 2.2% – Time to Sell?

Metallurgical Co. of China Ltd. (OTCMKTS:MLLUYGet Free Report) shares were down 2.2% during trading on Friday . The company traded as low as $4.03 and last traded at $4.03. Approximately 125 shares changed hands during mid-day trading, an increase of 1,916% from the average daily volume of 6 shares. The stock had previously closed at $4.12.

Metallurgical Co. of China Stock Down 2.2 %

The business has a fifty day moving average of $3.67 and a 200 day moving average of $3.49. The company has a quick ratio of 0.93, a current ratio of 1.10 and a debt-to-equity ratio of 0.25.

Metallurgical Co. of China (OTCMKTS:MLLUYGet Free Report) last announced its quarterly earnings data on Thursday, August 29th. The company reported ($0.03) earnings per share (EPS) for the quarter. Metallurgical Co. of China had a net margin of 0.63% and a return on equity of 2.20%. The firm had revenue of $20.56 billion for the quarter.

About Metallurgical Co. of China

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Metallurgical Corporation of China Ltd., together with its subsidiaries, engages in the engineering contracting, property development, equipment manufacture, and resource development businesses in China and internationally. The company’s Engineering Contracting segment offers engineering, construction, and other related contracting services for metallurgical and non-metallurgical projects.

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