Metallurgical Co. of China (OTCMKTS:MLLUY) Stock Price Up 3.3% – Here’s What Happened

Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) shot up 3.3% during mid-day trading on Tuesday . The company traded as high as $3.81 and last traded at $3.81. 100 shares were traded during mid-day trading, an increase of 216% from the average session volume of 32 shares. The stock had previously closed at $3.69.

Metallurgical Co. of China Trading Up 3.3 %

The company has a quick ratio of 0.93, a current ratio of 1.10 and a debt-to-equity ratio of 0.25. The stock’s 50 day moving average price is $4.01 and its 200-day moving average price is $3.69. The stock has a market capitalization of $3.95 billion, a PE ratio of 5.22 and a beta of 0.51.

Metallurgical Co. of China (OTCMKTS:MLLUY) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.36 EPS for the quarter. Metallurgical Co. of China had a return on equity of 3.19% and a net margin of 0.95%. The business had revenue of $15.89 billion for the quarter.

Metallurgical Co. of China Company Profile

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.