Anhui Conch Cement (OTCMKTS:AHCHY) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Anhui Conch Cement Co. (OTCMKTS:AHCHY) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $11.33 and traded as high as $11.72. Anhui Conch Cement shares last traded at $11.71, with a volume of 21,351 shares.

Anhui Conch Cement Trading Down 3.1%

The stock has a market capitalization of $12.34 billion, a price-to-earnings ratio of 10.84 and a beta of 0.21. 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 business’s 50-day simple moving average is $11.33 and its two-hundred day simple moving average is $13.23.

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.