Anhui Conch Cement (OTCMKTS:AHCHY) Shares Gap Up – Here’s What Happened

by · The Cerbat Gem

Shares of Anhui Conch Cement Co. (OTCMKTS:AHCHY – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $14.59, but opened at $15.44. Anhui Conch Cement shares last traded at $14.83, with a volume of 7,053 shares traded.

Anhui Conch Cement Price Performance

The stock has a market cap of $15.66 billion, a P/E ratio of 11.92 and a beta of 0.19. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.93 and a current ratio of 3.23. The business has a 50 day simple moving average of $15.19 and a 200-day simple moving average of $14.63.

Anhui Conch Cement (OTCMKTS:AHCHY – Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.26 earnings per share (EPS) for the quarter. The business had revenue of $2.80 billion during the quarter. Anhui Conch Cement had a net margin of 11.15% and a return on equity of 4.68%.

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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