Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) Sees Significant Decrease in Short Interest

Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 600 shares, a decline of 14.3% from the December 15th total of 700 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 6.0 days.

Metallurgical Co. of China Stock Performance

Metallurgical Co. of China stock opened at $3.81 on Friday. The stock has a market cap of $3.95 billion, a P/E ratio of 5.22 and a beta of 0.54. The company has a fifty day simple moving average of $3.98 and a 200-day simple moving average of $3.71. Metallurgical Co. of China has a 12-month low of $3.69 and a 12-month high of $4.65.

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

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.