Anhui Conch Cement (OTCMKTS:AHCHY) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Anhui Conch Cement Co. (OTCMKTS:AHCHY) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $12.99 and traded as low as $11.6854. Anhui Conch Cement shares last traded at $12.19, with a volume of 35,157 shares.

Anhui Conch Cement Stock Performance

The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.92 and a current ratio of 3.19. The stock’s fifty day moving average is $12.99 and its two-hundred day moving average is $14.36. The firm has a market cap of $12.87 billion, a price-to-earnings ratio of 11.29 and a beta of 0.20.

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

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.