Anhui Conch Cement (OTCMKTS:AHCHY) Stock Passes Below 200 Day Moving Average – What’s Next?

Anhui Conch Cement Company Limited (OTCMKTS:AHCHYGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.60 and traded as low as $12.28. Anhui Conch Cement shares last traded at $12.53, with a volume of 38,452 shares changing hands.

Anhui Conch Cement Trading Down 1.9 %

The company has a quick ratio of 3.03, a current ratio of 3.40 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $13.28 billion, a P/E ratio of 7.55 and a beta of 0.29. The firm’s 50-day moving average price is $13.72 and its 200 day moving average price is $12.60.

About Anhui Conch Cement

(Get Free Report)

Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures, sells, and trades in clinker and cement products. The company operates through five segments: Eastern China, Central China, Southern China, Western China, and Overseas. It provides construction and installation services for industrial purposes; logistic services; and mining and related services.

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