Metallurgical Co. of China (OTCMKTS:MLLUY) Stock Price Down 6.7% – What’s Next?

Shares of Metallurgical Co. of China Ltd. (OTCMKTS:MLLUYGet Free Report) dropped 6.7% on Tuesday . The company traded as low as $3.63 and last traded at $3.63. Approximately 91,825 shares changed hands during trading, an increase of 68,941% from the average daily volume of 133 shares. The stock had previously closed at $3.89.

Metallurgical Co. of China Price Performance

The company’s 50 day moving average is $3.94 and its 200 day moving average is $3.93. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $3.76 billion, a price-to-earnings ratio of 4.97 and a beta of 0.53.

Metallurgical Co. of China Company Profile

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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.

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