Anhui Conch Cement (OTCMKTS:AHCHY) Reaches New 12-Month Low – Here’s What Happened

Anhui Conch Cement Co. (OTCMKTS:AHCHY)’s stock price hit a new 52-week low during trading on Friday . The stock traded as low as $11.36 and last traded at $11.36, with a volume of 31642 shares trading hands. The stock had previously closed at $11.97.

Anhui Conch Cement Trading Down 5.0%

The stock has a market cap of $12.00 billion, a price-to-earnings ratio of 10.53 and a beta of 0.19. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.92 and a current ratio of 3.19. The company’s 50 day simple moving average is $12.76 and its two-hundred day simple moving average is $14.22.

Anhui Conch Cement (OTCMKTS:AHCHY) last released its quarterly earnings data on Tuesday, March 24th. The company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.17). The company had revenue of $5.58 billion during 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%.

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.