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Anhui Conch Cement (OTCMKTS:AHCHY) Share Price Crosses Below Two Hundred Day Moving Average - Here's What Happened

Anhui Conch Cement logo with Construction background

Shares of Anhui Conch Cement Company Limited (OTCMKTS:AHCHY - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.60 and traded as low as $12.28. Anhui Conch Cement shares last traded at $12.53, with a volume of 38,452 shares changing hands.

Anhui Conch Cement Stock Down 0.5 %

The firm's 50-day moving average price is $13.72 and its 200 day moving average price is $12.60. 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 company has a market capitalization of $13.21 billion, a price-to-earnings ratio of 7.51 and a beta of 0.29.

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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