CHINA COMMUNICA/ADR (OTCMKTS:CCCGY) Stock Price Crosses Above Fifty Day Moving Average of $11.78

CHINA COMMUNICA/ADR (OTCMKTS:CCCGY) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $11.78 and traded as high as $11.96. CHINA COMMUNICA/ADR shares last traded at $11.96, with a volume of 3,730 shares trading hands.

CCCGY has been the subject of several research reports. Goldman Sachs Group cut shares of CHINA COMMUNICA/ADR to a “sell” rating in a research note on Wednesday, May 27th. ValuEngine raised shares of CHINA COMMUNICA/ADR from a “strong sell” rating to a “sell” rating in a research note on Thursday, July 2nd. Finally, Zacks Investment Research raised shares of CHINA COMMUNICA/ADR from a “sell” rating to a “hold” rating in a research note on Tuesday, June 23rd.

The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.91 and a current ratio of 1.03. The company has a market cap of $9.67 billion, a PE ratio of 3.93 and a beta of 0.67. The firm’s 50 day moving average is $11.78 and its 200-day moving average is $13.35.

CHINA COMMUNICA/ADR (OTCMKTS:CCCGY) last posted its earnings results on Wednesday, June 24th. The company reported $0.37 earnings per share for the quarter. The company had revenue of $13.67 billion for the quarter. CHINA COMMUNICA/ADR had a net margin of 3.43% and a return on equity of 6.53%. On average, analysts predict that CHINA COMMUNICA/ADR will post 3.48 EPS for the current year.

CHINA COMMUNICA/ADR Company Profile (OTCMKTS:CCCGY)

China Communications Construction Company Limited, together with its subsidiaries, engages in the infrastructure construction, infrastructure design, dredging, and other businesses. The company is involved in the construction of ports, roads and bridges, railways, municipal and environmental projects, etc.; and provision of infrastructure design services, including consulting and planning, feasibility study, survey and design, engineering consultancy, engineering measurement and technical research, project management, project supervision, general project contracting, compilation of industry standards and codes, etc.

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