Anhui Conch Cement (OTCMKTS:AHCHY) Sets New 1-Year Low – Should You Sell?

Anhui Conch Cement Co. (OTCMKTS:AHCHY)’s share price hit a new 52-week low on Thursday . The stock traded as low as $10.18 and last traded at $10.18, with a volume of 75074 shares changing hands. The stock had previously closed at $10.29.

Anhui Conch Cement Stock Down 2.4%

The firm has a market cap of $10.60 billion, a price-to-earnings ratio of 11.30 and a beta of 0.18. The company has a quick ratio of 3.30, a current ratio of 3.64 and a debt-to-equity ratio of 0.10. The stock’s 50 day moving average is $11.01 and its 200 day moving average is $12.07.

Anhui Conch Cement (OTCMKTS:AHCHY) last announced its quarterly earnings data on Wednesday, August 26th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.24). The business had revenue of $5.49 billion for the quarter, compared to analyst estimates of $5.33 billion. Anhui Conch Cement had a return on equity of 3.11% and a net margin of 8.02%.

Anhui Conch Cement Company Profile

Anhui Conch Cement Company Limited is a China-based manufacturer of cement and related building materials. The company’s principal products include cement clinker and finished cement, which are used in residential and commercial construction, infrastructure projects, roads, bridges and other industrial applications.

Founded in 1997 and headquartered in Wuhu, Anhui Province, Anhui Conch Cement operates an integrated production network that includes limestone mining, clinker production, cement grinding and distribution.