Anhui Conch Cement (OTCMKTS:AHCHY) Hits New 1-Year Low – Should You Sell?

by · The Markets Daily

Anhui Conch Cement Co. (OTCMKTS:AHCHY – Get Free Report) shares hit a new 52-week low on Friday . The stock traded as low as $10.48 and last traded at $10.48, with a volume of 1238 shares changing hands. The stock had previously closed at $10.53.

Anhui Conch Cement Stock Performance

The stock has a market capitalization of $11.09 billion, a PE ratio of 11.82 and a beta of 0.18. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.64 and a quick ratio of 3.30. The business’s fifty day moving average price is $11.08 and its 200-day moving average price is $12.29.

Anhui Conch Cement (OTCMKTS:AHCHY – Get Free Report) last issued its quarterly earnings data on Wednesday, August 26th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.24). The firm had revenue of $5.49 billion for the quarter, compared to analysts’ expectations of $5.33 billion. Anhui Conch Cement had a net margin of 8.02% and a return on equity of 3.11%.

About Anhui Conch Cement

(Get Free Report)

Anhui Conch Cement Company Limited is a China-based manufacturer of cement and related building materials. The company’s principal products include cement clinker and finished cement, which are used in residential and commercial construction, infrastructure projects, roads, bridges and other industrial applications.

Founded in 1997 and headquartered in Wuhu, Anhui Province, Anhui Conch Cement operates an integrated production network that includes limestone mining, clinker production, cement grinding and distribution.

Featured Articles