Anhui Conch Cement Company Limited (OTCMKTS:AHCHY - Get Free Report) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $13.99 and traded as low as $13.36. Anhui Conch Cement shares last traded at $13.43, with a volume of 7,267 shares traded.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group raised Anhui Conch Cement from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 25th.
Get Our Latest Stock Report on AHCHY
Anhui Conch Cement Stock Down 2.0%
The business's 50 day moving average price is $13.88 and its 200-day moving average price is $13.52. The company has a market cap of $13.74 billion, a P/E ratio of 13.50 and a beta of 0.27. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.40 and a quick ratio of 3.03.
Anhui Conch Cement (OTCMKTS:AHCHY - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported $0.23 EPS for the quarter. Anhui Conch Cement had a return on equity of 3.72% and a net margin of 6.70%. The company had revenue of $2.62 billion for the quarter.
About Anhui Conch Cement
(
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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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