Anhui Conch Cement Company Limited (OTCMKTS:AHCHY - Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $13.97 and traded as high as $14.66. Anhui Conch Cement shares last traded at $14.16, with a volume of 5,417 shares traded.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group upgraded shares of Anhui Conch Cement from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 25th.
Read Our Latest Stock Report on AHCHY
Anhui Conch Cement Stock Performance
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 firm's 50-day moving average price is $14.04 and its two-hundred day moving average price is $13.61. The firm has a market capitalization of $14.80 billion, a price-to-earnings ratio of 14.54 and a beta of 0.34.
Anhui Conch Cement (OTCMKTS:AHCHY - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported $0.23 EPS for the quarter. The firm had revenue of $2.62 billion for the quarter. Anhui Conch Cement had a net margin of 6.70% and a return on equity of 3.72%.
Anhui Conch Cement Company Profile
(
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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.
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