ANHUI CONCH CEM/ADR (OTCMKTS:AHCHY) rose 0.7% during mid-day trading on Friday . The stock traded as high as $31.00 and last traded at $30.80, approximately 4,081 shares were traded during mid-day trading. A decline of 82% from the average daily volume of 22,525 shares. The stock had previously closed at $30.60.
AHCHY has been the subject of several research reports. ValuEngine downgraded shares of ANHUI CONCH CEM/ADR from a “hold” rating to a “sell” rating in a research report on Tuesday, August 6th. Zacks Investment Research downgraded shares of ANHUI CONCH CEM/ADR from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 13th.
The firm’s 50-day moving average is $28.45 and its 200-day moving average is $29.57. The company has a current ratio of 2.76, a quick ratio of 2.53 and a debt-to-equity ratio of 0.05. The firm has a market cap of $7.97 billion, a price-to-earnings ratio of 7.21 and a beta of 1.61.
Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures and sells cement, commodity clinker, and aggregates in the People's Republic of China and internationally. The company primarily offers cement and commodity clinker under the CONCH brand. It also provides construction and installation services for industrial purposes; logistic services; and mining and related services.
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