Shares last traded at $1.36 which is a tad under $1.46, the 50 day moving average and barely below the 200 day moving average of $1.48. The 50 day moving average was down $-0.10 whereas the 200 day moving average was down $-0.12 or -8.13%. Trading volume for China Ceramics Co., Ltd. was 24K by the end of trading on Tuesday. Overall, volume was down 48.89% under the stocks normal daily volume.
Investors are a little more bearish on China Ceramics Co., Ltd. lately if you pay attention to the change in short interest. The company had a rise in short interest from September 29, 2017 to October 13, 2017 of 5.13%. Short shares increased 2,351 over that period. With short interest at 48,156 and short average daily volume at 68,825, the short-interest ratio is 1.0 and the short interest percentage is 0.02% as of October 13.
A few notable investment firms have updated their holdings. Citadel Advisors LLC added to its holdings by buying 12,564 shares an increase of 106.5% as of 03/31/2016. Citadel Advisors LLC now controls 24,357 shares with a value of $9,000. The value of the position overall is down by 18.2%.
China Ceramics Co., Ltd., launched on September 20, 2009, is a manufacturer of ceramic tiles used for exterior siding and for interior flooring, and design in residential and commercial buildings. The Business’s ceramic tiles, sold under the HD or Hengda, HDL or Hengdeli, Pottery Capital of Tang Dynasty, TOERTO and WULIQIAO brands, are available in over 2,000 styles, colors and size combinations. The Company operates in the segment of manufacturing and sale of medium to high-end ceramic tiles. Its geographical segment is People’s Republic of China (PRC). The Company has five principal product categories: porcelain tiles, glazed tiles, glazed porcelain tiles, rustic tiles and polished glazed tiles. Its ceramic tiles are used for flooring, interior walls for decorative purposes and on exterior siding. Its manufacturing facilities operated by Jinjiang Hengda Ceramics Co., Ltd. are located in Jinjiang, Fujian Province, and its manufacturing facilities operated by Jiangxi Hengdali Ceramic Materials Co., Ltd. are located in Gaoan, Jiangxi Province. Combined, these facilities provide an aggregate annual production capacity of approximately 70 million square meters..