Anhui Conch Cement (OTCMKTS:AHCHY - Get Free Report) was upgraded by equities researchers at The Goldman Sachs Group from a "strong sell" rating to a "hold" rating in a note issued to investors on Wednesday,Zacks.com reports.
Anhui Conch Cement Trading Up 0.4 %
Shares of AHCHY stock traded up $0.05 during trading hours on Wednesday, reaching $12.46. The company's stock had a trading volume of 28,259 shares, compared to its average volume of 28,543. The company has a current ratio of 3.40, a quick ratio of 3.03 and a debt-to-equity ratio of 0.08. Anhui Conch Cement has a one year low of $9.82 and a one year high of $17.19. The stock has a market capitalization of $13.21 billion, a P/E ratio of 7.51 and a beta of 0.28. The firm's fifty day simple moving average is $13.19 and its 200 day simple moving average is $12.71.
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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