Anhui Conch Cement (OTCMKTS:AHCHY) Hits New 1-Year Low – Should You Sell?

Anhui Conch Cement Co. (OTCMKTS:AHCHY) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as $10.48 and last traded at $10.48, with a volume of 1238 shares changing hands. The stock had previously closed at $10.53.

Anhui Conch Cement Stock Down 0.1%

The company has a debt-to-equity ratio of 0.10, a current ratio of 3.64 and a quick ratio of 3.30. The company has a market cap of $11.09 billion, a PE ratio of 11.82 and a beta of 0.18. The company has a fifty day moving average price of $11.08 and a 200 day moving average price of $12.29.

Anhui Conch Cement (OTCMKTS:AHCHY) last posted its quarterly earnings data on Wednesday, August 26th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.24). The company had revenue of $5.49 billion during the quarter, compared to the consensus estimate of $5.33 billion. Anhui Conch Cement had a return on equity of 3.11% and a net margin of 8.02%.

About Anhui Conch Cement

Anhui Conch Cement Company Limited is a China-based manufacturer of cement and related building materials. The company’s principal products include cement clinker and finished cement, which are used in residential and commercial construction, infrastructure projects, roads, bridges and other industrial applications.

Founded in 1997 and headquartered in Wuhu, Anhui Province, Anhui Conch Cement operates an integrated production network that includes limestone mining, clinker production, cement grinding and distribution.