Anhui Conch Cement (OTCMKTS:AHCHY) Sets New 52-Week Low – Should You Sell?

Shares of Anhui Conch Cement Co. (OTCMKTS:AHCHY) hit 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 changing hands. The stock had previously closed at $11.33.

Anhui Conch Cement Price Performance

The company has a debt-to-equity ratio of 0.10, a current ratio of 3.19 and a quick ratio of 2.92. The stock’s fifty day moving average is $12.31 and its 200-day moving average is $13.95. The stock has a market cap of $11.86 billion, a PE ratio of 10.41 and a beta of 0.19.

Anhui Conch Cement (OTCMKTS:AHCHY) last released its quarterly earnings data on Tuesday, March 24th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.17). Anhui Conch Cement had a return on equity of 3.92% and a net margin of 9.72%.The firm had revenue of $5.58 billion for the quarter, compared to analyst estimates of $5.58 billion.

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.