Anhui Conch Cement (OTCMKTS:AHCHY) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Anhui Conch Cement Co. (OTCMKTS:AHCHY) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $15.16 and traded as high as $16.00. Anhui Conch Cement shares last traded at $16.00, with a volume of 16,356 shares changing hands.

Anhui Conch Cement Trading Down 0.2%

The company has a quick ratio of 2.93, a current ratio of 3.23 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $16.96 billion, a PE ratio of 12.90 and a beta of 0.20. The business’s 50-day moving average is $15.16 and its two-hundred day moving average is $15.21.

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.