Anhui Conch Cement (OTCMKTS:AHCHY) Sets New 52-Week Low – Here’s What Happened

Anhui Conch Cement Co. (OTCMKTS:AHCHY)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $9.9101 and last traded at $9.9101, with a volume of 2355 shares changing hands. The stock had previously closed at $10.21.

Anhui Conch Cement Stock Down 0.0%

The firm’s 50-day simple moving average is $11.00 and its 200-day simple moving average is $11.98. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.30 and a current ratio of 3.64. The company has a market capitalization of $10.59 billion, a price-to-earnings ratio of 11.29 and a beta of 0.18.

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

Anhui Conch Cement Company Profile

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.