Anhui Conch Cement Company Limited (OTCMKTS:AHCHY - Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $13.03 and traded as high as $14.08. Anhui Conch Cement shares last traded at $13.68, with a volume of 18,601 shares changing hands.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group upgraded Anhui Conch Cement from a "strong sell" rating to a "hold" rating in a research report on Wednesday, January 8th.
Get Our Latest Research Report on Anhui Conch Cement
Anhui Conch Cement Stock Performance
The company has a quick ratio of 3.03, a current ratio of 3.40 and a debt-to-equity ratio of 0.08. The firm has a 50 day moving average of $13.03 and a 200-day moving average of $12.76. The company has a market cap of $14.15 billion, a P/E ratio of 13.91 and a beta of 0.28.
About Anhui Conch Cement
(
Get Free Report)
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.
Recommended Stories
Before you consider Anhui Conch Cement, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Anhui Conch Cement wasn't on the list.
While Anhui Conch Cement currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
