Metallurgical Co. of China (OTCMKTS:MLLUY) Sets New 52-Week High – Should You Buy?

Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) hit a new 52-week high during trading on Tuesday . The company traded as high as $4.23 and last traded at $4.23, with a volume of 1 shares trading hands. The stock had previously closed at $4.23.

Metallurgical Co. of China Stock Performance

The business has a 50 day simple moving average of $3.97 and a 200 day simple moving average of $3.58. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.10 and a quick ratio of 0.93.

Metallurgical Co. of China (OTCMKTS:MLLUY) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.36 earnings per share for the quarter. Metallurgical Co. of China had a return on equity of 3.19% and a net margin of 0.95%. The company 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.