CHINA COMMUNICA/ADR (CCCGY) Sets New 52-Week Low at $17.65

CHINA COMMUNICA/ADR (OTCMKTS:CCCGY) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $17.65 and last traded at $17.65, with a volume of 323 shares trading hands. The stock had previously closed at $18.09.

Several brokerages have recently weighed in on CCCGY. Zacks Investment Research upgraded CHINA COMMUNICA/ADR from a “sell” rating to a “hold” rating in a report on Tuesday, May 7th. ValuEngine downgraded CHINA COMMUNICA/ADR from a “hold” rating to a “sell” rating in a report on Friday, March 1st.

The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.93 and a current ratio of 1.04.

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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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