Anhui Conch Cement (OTCMKTS:AHCHY) Issues Quarterly Earnings Results

Anhui Conch Cement (OTCMKTS:AHCHY - Get Free Report) issued its earnings results on Tuesday. The company reported $0.23 EPS for the quarter, Zacks reports. The company had revenue of $2.62 billion during the quarter. Anhui Conch Cement had a net margin of 6.70% and a return on equity of 3.72%.

Anhui Conch Cement Trading Up 0.9 %

Shares of AHCHY stock traded up $0.12 during mid-day trading on Friday, hitting $14.08. The company's stock had a trading volume of 7,451 shares, compared to its average volume of 14,801. Anhui Conch Cement has a 52 week low of $9.98 and a 52 week high of $17.19. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.03 and a current ratio of 3.40. The company's fifty day simple moving average is $14.11 and its 200-day simple moving average is $13.61. The company has a market cap of $14.92 billion, a PE ratio of 14.67 and a beta of 0.34.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded Anhui Conch Cement from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 25th.

Anhui Conch Cement Company Profile

Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures, sells, and trades in clinker and cement products. The company operates through five segments: Eastern China, Central China, Southern China, Western China, and Overseas. It provides construction and installation services for industrial purposes; logistic services; and mining and related services.