Anhui Conch Cement (OTCMKTS:AHCHY) Share Price Passes Below 50 Day Moving Average – What’s Next?

Anhui Conch Cement Company Limited (OTCMKTS:AHCHYGet Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $13.31 and traded as low as $12.33. Anhui Conch Cement shares last traded at $12.42, with a volume of 26,700 shares.

Anhui Conch Cement Price Performance

The company has a debt-to-equity ratio of 0.08, a current ratio of 3.40 and a quick ratio of 3.03. The stock has a market capitalization of $13.16 billion, a P/E ratio of 7.48 and a beta of 0.28. The stock’s fifty day moving average is $13.31 and its 200-day moving average is $12.71.

Anhui Conch Cement Company Profile

(Get Free Report)

Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures, sells, and trades in clinker and cement products. The company operates through five segments: Eastern China, Central China, Southern China, Western China, and Overseas. It provides construction and installation services for industrial purposes; logistic services; and mining and related services.

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