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

Anhui Conch Cement Co. (OTCMKTS:AHCHY)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as $11.35 and last traded at $11.37, with a volume of 3182 shares. The stock had previously closed at $11.52.

Anhui Conch Cement Trading Down 0.3%

The company has a market cap of $12.00 billion, a P/E ratio of 10.53 and a beta of 0.19. The firm’s 50 day moving average is $12.48 and its two-hundred day moving average is $14.06. The company has a quick ratio of 2.92, a current ratio of 3.19 and a debt-to-equity ratio of 0.10.

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

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.