China BlueChemical Ltd. (OTCMKTS:CBLUY – Get Free Report) traded down 28.3% on Friday . The company traded as low as $8.0240 and last traded at $8.0240. 1 shares were traded during trading, an increase of 1,900% from the average session volume of 0 shares. The stock had previously closed at $11.19.
China BlueChemical Price Performance
The business has a 50 day simple moving average of $8.85 and a 200-day simple moving average of $8.65. The company has a quick ratio of 4.32, a current ratio of 4.62 and a debt-to-equity ratio of 0.04.
About China BlueChemical
China BlueChemical Co, Ltd. is a leading producer of nitrogen-based fertilizers and chemical products in the People’s Republic of China. The company’s core activities include the manufacturing and sale of nitrogenous fertilizers—such as urea, ammonium bicarbonate and ammonium sulfate—as well as methanol and related chemical intermediates. These products serve both the agricultural sector, where they are used to enhance crop yields, and various industrial applications, including chemical synthesis and fuel blending.
Headquartered in Zibo, Shandong Province, China BlueChemical operates multiple production facilities strategically located near natural gas supplies, which underpins its ammonia and methanol production processes.
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