Anhui Conch Cement (OTCMKTS:AHCHY) Sees Unusually-High Trading Volume – Here’s Why

Anhui Conch Cement Co. (OTCMKTS:AHCHYGet Free Report) shares saw an uptick in trading volume on Tuesday . 103,874 shares traded hands during trading, an increase of 57% from the previous session’s volume of 66,340 shares.The stock last traded at $10.62 and had previously closed at $10.59.

Anhui Conch Cement Trading Down 0.5%

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 company has a market capitalization of $11.11 billion, a P/E ratio of 9.76 and a beta of 0.21. The business has a 50 day moving average price of $11.68 and a 200 day moving average price of $13.54.

About Anhui Conch Cement

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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.

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