Anhui Conch Cement Company Limited (OTCMKTS:AHCHY - Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 13,900 shares, an increase of 969.2% from the September 30th total of 1,300 shares. Based on an average trading volume of 32,300 shares, the days-to-cover ratio is currently 0.4 days.
Anhui Conch Cement Price Performance
AHCHY stock traded up $0.47 during mid-day trading on Friday, reaching $14.26. 6,369 shares of the company's stock were exchanged, compared to its average volume of 35,382. 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 has a 12-month low of $9.82 and a 12-month high of $17.19. The stock's 50 day moving average is $12.46 and its 200 day moving average is $12.14. The company has a market cap of $15.11 billion, a price-to-earnings ratio of 8.59 and a beta of 0.34.
About Anhui Conch Cement
(
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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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