Anhui Conch Cement (OTCMKTS:AHCHY) Rating Increased to Hold at The Goldman Sachs Group

by · The Cerbat Gem

The Goldman Sachs Group upgraded shares of Anhui Conch Cement (OTCMKTS:AHCHY – Free Report) from a strong sell rating to a hold rating in a research report report published on Wednesday,Zacks.com reports.

Anhui Conch Cement Stock Up 0.4 %

Shares of OTCMKTS:AHCHY opened at $12.46 on Wednesday. The company has a market cap of $13.21 billion, a PE ratio of 7.51 and a beta of 0.28. Anhui Conch Cement has a 1 year low of $9.82 and a 1 year high of $17.19. The stock’s 50-day moving average is $13.19 and its 200 day moving average is $12.71. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.40 and a quick ratio of 3.03.

About Anhui Conch Cement

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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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