Anhui Conch Cement (OTCMKTS:AHCHY) Hits New 12-Month Low – Time to Sell?

Shares of Anhui Conch Cement Co. (OTCMKTS:AHCHY) reached a new 52-week low during trading on Wednesday . The stock traded as low as $11.35 and last traded at $11.37, with a volume of 3182 shares trading hands. The stock had previously closed at $11.52.

Anhui Conch Cement Stock Down 0.3%

The company has a current ratio of 3.19, a quick ratio of 2.92 and a debt-to-equity ratio of 0.10. The firm has a market cap of $12.00 billion, a price-to-earnings ratio of 10.53 and a beta of 0.19. The firm’s 50 day simple moving average is $12.48 and its two-hundred day simple moving average is $14.06.

Anhui Conch Cement (OTCMKTS:AHCHY) last announced its earnings results on Tuesday, March 24th. The company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.17). The business had revenue of $5.58 billion for the quarter, compared to the consensus estimate of $5.58 billion. Anhui Conch Cement had a return on equity of 3.92% and a net margin of 9.72%.

Anhui Conch Cement Company Profile

Anhui Conch Cement Company Limited (OTCMKTS: AHCHY) is one of China’s leading cement manufacturers, specializing in the production and sale of cement, clinker and related building materials. Headquartered in Wuhu, Anhui Province, the company operates an integrated network of production facilities that serve residential, commercial and infrastructure markets across multiple regions in China. Its product portfolio covers a broad range of cement types, including ordinary portland cement, blended cement and special-purpose cements for roads and high?performance construction projects.

Established in 1997 as part of the Anhui Conch Group’s expansion into building materials, Anhui Conch Cement was listed on the Shanghai Stock Exchange in 2003.