Separately, Zacks Investment Research upgraded shares of ANHUI CONCH CEM/ADR from a “hold” rating to a “strong-buy” rating and set a $34.00 target price on the stock in a report on Thursday, June 13th.
Shares of AHCHY stock opened at $27.45 on Tuesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.53 and a current ratio of 2.76. The business’s 50 day moving average is $30.24. ANHUI CONCH CEM/ADR has a 52 week low of $22.70 and a 52 week high of $33.34.
Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures and sells cement, commodity clinker, and aggregates in the People's Republic of China and internationally. The company primarily offers cement and commodity clinker under the CONCH brand. It also provides construction and installation services for industrial purposes; logistic services; and mining and related services.
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