Metallurgical Co. of China (OTCMKTS:MLLUY) Trading Up 3.3% – Should You Buy?

Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY)’s stock price shot up 3.3% 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 Price Performance

The stock has a market capitalization of $3.95 billion, a price-to-earnings ratio of 5.22 and a beta of 0.51. The firm has a 50 day simple moving average of $4.00 and a 200-day simple moving average of $3.69. 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 announced its earnings results on Tuesday, October 29th. The company reported $0.36 earnings per share (EPS) for the quarter. Metallurgical Co. of China had a net margin of 0.95% and a return on equity of 3.19%. The business had revenue of $15.89 billion during the quarter.

About Metallurgical Co. of China

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.