Anhui Conch Cement (OTCMKTS:AHCHY) Shares Gap Down – Time to Sell?

Anhui Conch Cement Co. (OTCMKTS:AHCHY) gapped down before the market opened on Monday . The stock had previously closed at $11.25, but opened at $10.8476. Anhui Conch Cement shares last traded at $10.8476, with a volume of 119 shares.

Anhui Conch Cement Stock Performance

The stock has a fifty day simple moving average of $11.91 and a two-hundred day simple moving average of $13.70. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.92 and a current ratio of 3.19. The stock has a market cap of $11.40 billion, a price-to-earnings ratio of 10.00 and a beta of 0.21.

About Anhui Conch Cement

Anhui Conch Cement Company Limited (OTCMKTS: AHCHY) is one of China’s leading cement manufacturers, specializing in the production and sale of cement, clinker and related building materials. Headquartered in Wuhu, Anhui Province, the company operates an integrated network of production facilities that serve residential, commercial and infrastructure markets across multiple regions in China. Its product portfolio covers a broad range of cement types, including ordinary portland cement, blended cement and special-purpose cements for roads and high‐performance construction projects.

Established in 1997 as part of the Anhui Conch Group’s expansion into building materials, Anhui Conch Cement was listed on the Shanghai Stock Exchange in 2003.