Anhui Conch Cement (OTCMKTS:AHCHY) Share Price Crosses Below Fifty Day Moving Average – Time to Sell?

Anhui Conch Cement Company Limited (OTCMKTS:AHCHYGet Free Report) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $13.31 and traded as low as $12.33. Anhui Conch Cement shares last traded at $12.42, with a volume of 26,700 shares traded.

Anhui Conch Cement Stock Up 0.9 %

The stock’s fifty day simple moving average is $13.31 and its two-hundred day simple moving average is $12.71. The company has a market capitalization of $13.16 billion, a price-to-earnings ratio of 7.48 and a beta of 0.28. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.03 and a current ratio of 3.40.

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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