Anhui Conch Cement (OTCMKTS:AHCHY) Sets New 1-Year Low – Time to Sell?

Anhui Conch Cement Co. (OTCMKTS:AHCHYGet Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as $10.60 and last traded at $10.6380, with a volume of 16782 shares changing hands. The stock had previously closed at $10.90.

Anhui Conch Cement Price Performance

The firm’s 50-day moving average price is $11.87 and its two-hundred day moving average price is $13.68. The stock has a market cap of $11.25 billion, a PE ratio of 9.87 and a beta of 0.21. The company has a current ratio of 3.19, a quick ratio of 2.92 and a debt-to-equity ratio of 0.10.

Anhui Conch Cement Company Profile

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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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