Metallurgical Co. of China (OTCMKTS:MLLUY) Trading 3.3% Higher – Time to Buy?

Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) shares traded up 3.3% on Tuesday . The stock traded as high as $3.81 and last traded at $3.81. 100 shares changed hands during 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 debt-to-equity ratio of 0.25, a current ratio of 1.10 and a quick ratio of 0.93. The stock’s 50-day moving average is $4.01 and its two-hundred day moving average is $3.69. The company has a market cap of $3.95 billion, a P/E ratio of 5.22 and a beta of 0.51.

Metallurgical Co. of China (OTCMKTS:MLLUY) last released its quarterly earnings results 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 firm had revenue of $15.89 billion for 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.