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 $13.04 and traded as high as $13.66. Anhui Conch Cement shares last traded at $13.65, with a volume of 5,926 shares changing hands.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group raised Anhui Conch Cement from a "strong sell" rating to a "hold" rating in a report on Wednesday, January 8th.
Check Out Our Latest Stock Report on AHCHY
Anhui Conch Cement Stock Up 0.5 %
The company's 50 day moving average price is $13.06 and its two-hundred day moving average price is $12.88. The company has a current ratio of 3.40, a quick ratio of 3.03 and a debt-to-equity ratio of 0.08. The stock has a market cap of $14.33 billion, a P/E ratio of 14.08 and a beta of 0.28.
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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