Anhui Conch Cement (OTCMKTS:AHCHY) Reaches New 1-Year Low – Here’s What Happened

Anhui Conch Cement Co. (OTCMKTS:AHCHY) reached a new 52-week low on Tuesday . The stock traded as low as $11.19 and last traded at $11.24, with a volume of 72247 shares trading hands. The stock had previously closed at $11.33.

Anhui Conch Cement Stock Performance

The firm has a fifty day moving average of $12.22 and a 200-day moving average of $13.89. 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 stock has a market capitalization of $11.37 billion, a price-to-earnings ratio of 9.98 and a beta of 0.19.

Anhui Conch Cement (OTCMKTS:AHCHY) last posted its earnings results 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 firm 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%.

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.