Anhui Conch Cement Co. (OTCMKTS:AHCHY) Short Interest Update
by Scott Moore · The Cerbat GemAnhui Conch Cement Co. (OTCMKTS:AHCHY – Get Free Report) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 3,772 shares, an increase of 2,317.9% from the April 15th total of 156 shares. Based on an average daily trading volume, of 47,820 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
Anhui Conch Cement Price Performance
AHCHY stock traded up $0.28 during trading on Monday, hitting $12.96. 38,071 shares of the stock traded hands, compared to its average volume of 40,679. Anhui Conch Cement has a one year low of $11.82 and a one year high of $17.11. The stock has a market cap of $13.68 billion, a price-to-earnings ratio of 12.00 and a beta of 0.20. The company has a 50 day simple moving average of $13.63 and a 200 day simple moving average of $14.62. The company has a current ratio of 3.19, a quick ratio of 2.92 and a debt-to-equity ratio of 0.10.
Anhui Conch Cement (OTCMKTS:AHCHY – Get Free Report) last posted its quarterly earnings data on Tuesday, March 24th. The company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.17). The company had revenue of $5.58 billion during 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.