Shares of Anhui Conch Cement Co. (OTCMKTS:AHCHY – Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $11.70 and last traded at $11.70, with a volume of 281 shares traded. The stock had previously closed at $12.08.
Anhui Conch Cement Trading Down 1.8%
The firm has a market capitalization of $12.35 billion, a PE ratio of 10.83 and a beta of 0.20. The business has a 50 day moving average price of $13.20 and a 200-day moving average price of $14.44. 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 (OTCMKTS:AHCHY – Get Free Report) last released its quarterly earnings results on Tuesday, March 24th. The company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates 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 return on equity of 3.92% and a net margin of 9.72%.
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.
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