Anhui Conch Cement Company Limited (OTCMKTS:AHCHY - Get Free Report)'s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $13.50 and traded as high as $15.33. Anhui Conch Cement shares last traded at $15.33, with a volume of 6,656 shares traded.
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 note on Wednesday, January 8th.
Read Our Latest Analysis on Anhui Conch Cement
Anhui Conch Cement Trading Up 1.3 %
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 market cap of $15.99 billion, a P/E ratio of 15.72 and a beta of 0.39. The firm's 50-day simple moving average is $13.60 and its 200 day simple moving average is $13.32.
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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