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 Tuesday . The company traded as low as $10.68 and last traded at $10.68, with a volume of 520 shares trading hands. The stock had previously closed at $10.8409.

Anhui Conch Cement Stock Performance

The business has a 50-day moving average price of $12.07 and a 200-day moving average price of $13.81. The company has a quick ratio of 2.92, a current ratio of 3.19 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $11.31 billion, a price-to-earnings ratio of 9.92 and a beta of 0.19.

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.