Shares of Anhui Conch Cement Company Limited (OTCMKTS:AHCHY - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $13.01 and traded as high as $13.50. Anhui Conch Cement shares last traded at $13.42, with a volume of 7,945 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group raised Anhui Conch Cement from a "strong sell" rating to a "hold" rating in a research report on Wednesday, January 8th.
View Our Latest Stock Analysis on Anhui Conch Cement
Anhui Conch Cement Stock Performance
The company has a market capitalization of $14.19 billion, a PE ratio of 13.95 and a beta of 0.28. The firm's fifty day simple moving average is $13.03 and its 200 day simple moving average is $12.82. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.40 and a quick ratio of 3.03.
Anhui Conch Cement Company Profile
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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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