China XD Plastics Company Limited (NASDAQ:CXDC) is reporting third quarter earnings results on Monday 16th November 2020, before market open.
Previous Quarter Performance
China XD Plastics Company Limited announced income for the second quarter of $ 0.26 per share, from the revenue of $ 283.22 million.
Stock Performance
On Friday, shares of China XD Plastics Company Limited has traded high as $ 1.20 and has cracked $ 1.19 on the downward trend, reaching $ 1.19 with volume of 50.30 thousand shares.
According to the previous trading day, closing price of $ 1.19, representing a 88.89 % increase from the 52 week low of $ 0.63 and a 51.23 % decrease over the 52 week high of $ 2.44.
The company has a market capital of $ 83.95 million and is part of the Consumer Cyclical sector and Rubber & Plastics industry.
China XD Plastics Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of modified plastics primarily for automotive applications in the Peoples Republic of China the United Arab Emirates, and internationally. Its modified plastics are used to fabricate various auto components, including exteriors consisting of automobile bumpers, rearview and sideview mirrors, and license plate parts; interiors, such as door panels, dashboards, steering wheels, glove compartments, and safety belt components; and functional components comprising air conditioner casings, heating and ventilation casings, engine covers, and air ducts. The company also offers engineered plastics and environment-friendly plastics for use in oilfield equipment, mining equipment, vessel propulsion systems, and power station equipment.
