Anhui Conch Cement Company Limited (OTCMKTS:AHCHY - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $14.15 and traded as high as $14.50. Anhui Conch Cement shares last traded at $14.31, with a volume of 10,106 shares.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group raised shares of Anhui Conch Cement from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 25th.
View Our Latest Research Report on AHCHY
Anhui Conch Cement Stock Performance
The stock has a market cap of $14.79 billion, a price-to-earnings ratio of 14.53 and a beta of 0.34. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.40 and a quick ratio of 3.03. The firm has a fifty day moving average of $14.17 and a 200 day moving average of $13.61.
Anhui Conch Cement (OTCMKTS:AHCHY - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.23 earnings per share (EPS) for the quarter. Anhui Conch Cement had a return on equity of 3.72% and a net margin of 6.70%. The firm had revenue of $2.62 billion during the quarter.
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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