China Runji Cement Inc. (CRJI.PK)

China Runji Cement Inc is located in China. It is in the Wholesale-Lumber and Other Construction Materials industry. Trading on the Pink Sheets and Over the Counter Bulletin Board (OTCBB), the stock symbols are CRJI.PK and CRJI.OB, respectively. Pink Sheet stocks often lack reliable information such as financial statements. We advise extreme caution before investing in this stock. Because the company is listed on two exchanges, there could be a more active marketplace.

On Dec 31, 1969 the share price of the company reached $0.40. The share price is currently 80.95 % lower than its 52 week high of $2.10. Judging from the low share price under $1.00, there appears to have been little to no improvement in the company's financial performance, thus keeping the share price so low. The stock is hitting new 52 week lows. Counter-trend investors might find this an opportunity to buy some of it. But such an approach may not always be successful. This stock has issues with liquidity. Once bought, such shares might be difficult to sell.

The company has recently issued some news. China Runji Cement Inc made the following announcement " China Runji Cement Inc.'s Waste Heat Power Generator Construction in Progress " on Jan 05, 2009. We found this news to be noteworthy, but it is unclear if it will have any effect on the company's share price.