Anhui Conch Cement (OTCMKTS:AHCHY) Reaches New 52-Week Low – What’s Next?

Shares of Anhui Conch Cement Co. (OTCMKTS:AHCHY) reached a new 52-week low on Friday . The company traded as low as $11.36 and last traded at $11.36, with a volume of 31642 shares trading hands. The stock had previously closed at $11.97.

Anhui Conch Cement Trading Down 5.0%

The company’s 50 day moving average price is $12.81 and its two-hundred day moving average price is $14.24. The firm has a market cap of $12.00 billion, a PE ratio of 10.53 and a beta of 0.19. The company has a quick ratio of 2.92, a current ratio of 3.19 and a debt-to-equity ratio of 0.10.

Anhui Conch Cement (OTCMKTS:AHCHY) last issued its quarterly earnings results on Tuesday, March 24th. The company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.17). Anhui Conch Cement had a net margin of 9.72% and a return on equity of 3.92%. The firm had revenue of $5.58 billion for the quarter, compared to the consensus estimate of $5.58 billion.

Anhui Conch Cement Company Profile

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.