Shares of Anhui Conch Cement Co. (OTCMKTS:AHCHY – Get Free Report) gapped up prior to trading on Friday. The stock had previously closed at $9.9999, but opened at $10.58. Anhui Conch Cement shares last traded at $10.58, with a volume of 16,721 shares traded.
Anhui Conch Cement Trading Up 1.9%
The company has a market cap of $10.91 billion, a P/E ratio of 11.62 and a beta of 0.20. The firm has a 50-day moving average of $10.70 and a 200 day moving average of $11.61. The company has a current ratio of 2.90, a quick ratio of 2.61 and a debt-to-equity ratio of 0.08.
Anhui Conch Cement (OTCMKTS:AHCHY – Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.24). The business had revenue of $5.49 billion during the quarter, compared to analyst estimates of $5.33 billion. Anhui Conch Cement had a net margin of 8.02% and a return on equity of 3.09%.
Anhui Conch Cement Company Profile
Anhui Conch Cement Company Limited is a China-based building materials manufacturer focused primarily on the production and sale of cement and clinker. Its products are used in residential, commercial and infrastructure construction, including roads, bridges and other large-scale development projects.
Founded in 1997 and headquartered in Wuhu, Anhui Province, the company operates cement and clinker production facilities and related distribution networks. Its business also includes the production of commercial concrete and the development of supporting activities such as logistics, equipment manufacturing and environmental services.
Anhui Conch Cement primarily serves markets across mainland China, with operations and investments extending into selected overseas markets in Asia.
Read More
- Five stocks we like better than Anhui Conch Cement
- Palantir’s Rally Puts Wall Street in Catch-Up Mode Ahead of November Earnings
- Tilray Finds a Path to Growth Without Waiting on U.S. Cannabis Reform
- Arista Networks Plugs Into All-Time Highs
- Microsoft Is Almost Back to $555—Now the Hard Part Begins
Receive News & Ratings for Anhui Conch Cement Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anhui Conch Cement and related companies with MarketBeat.com's FREE daily email newsletter.
