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

Anhui Conch Cement Co. (OTCMKTS:AHCHY) hit a new 52-week low on Thursday . The company traded as low as $11.70 and last traded at $11.70, with a volume of 281 shares trading hands. The stock had previously closed at $12.08.

Anhui Conch Cement Trading Down 1.2%

The business has a 50 day simple moving average of $13.31 and a two-hundred day simple moving average of $14.48. The company has a current ratio of 3.19, a quick ratio of 2.92 and a debt-to-equity ratio of 0.10. The stock has a market cap of $12.59 billion, a price-to-earnings ratio of 11.05 and a beta of 0.20.

Anhui Conch Cement (OTCMKTS:AHCHY) last issued its quarterly earnings data on Tuesday, March 24th. The company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.17). The business had revenue of $5.58 billion for the quarter, compared to analyst estimates of $5.58 billion. Anhui Conch Cement had a net margin of 9.72% and a return on equity of 3.92%.

About Anhui Conch Cement

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.