Anhui Conch Cement (OTCMKTS:AHCHY) Sets New 12-Month Low – Should You Sell?

Anhui Conch Cement Co. (OTCMKTS:AHCHY)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as $10.68 and last traded at $10.68, with a volume of 520 shares. The stock had previously closed at $10.8409.

Anhui Conch Cement Stock Down 0.5%

The company has a 50 day simple moving average of $12.07 and a two-hundred day simple moving average of $13.81. The company has a quick ratio of 2.92, a current ratio of 3.19 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $11.31 billion, a P/E ratio of 9.92 and a beta of 0.19.

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.