Anhui Conch Cement (OTCMKTS:AHCHY) Shares Gap Down – Should You Sell?

Anhui Conch Cement Co. (OTCMKTS:AHCHY) gapped down prior to trading on Tuesday . The stock had previously closed at $15.1530, but opened at $14.55. Anhui Conch Cement shares last traded at $14.50, with a volume of 1,946 shares traded.

Anhui Conch Cement Stock Down 4.0%

The company has a market capitalization of $15.41 billion, a price-to-earnings ratio of 11.73 and a beta of 0.19. The company has a quick ratio of 2.93, a current ratio of 3.23 and a debt-to-equity ratio of 0.10. The business has a 50-day moving average price of $15.21 and a 200-day moving average price of $14.62.

Anhui Conch Cement (OTCMKTS:AHCHY) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.26 earnings per share for the quarter. The firm had revenue of $2.80 billion for the quarter. Anhui Conch Cement had a return on equity of 4.68% and a net margin of 11.15%.

Anhui Conch Cement Company Profile

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.