Anhui Conch Cement (OTCMKTS:AHCHY) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

Shares of Anhui Conch Cement Company Limited (OTCMKTS:AHCHYGet Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $12.73 and traded as high as $14.44. Anhui Conch Cement shares last traded at $14.41, with a volume of 8,046 shares changing hands.

Anhui Conch Cement Stock Performance

The company has a debt-to-equity ratio of 0.08, a current ratio of 3.40 and a quick ratio of 3.03. The business’s 50-day moving average is $12.80 and its 200 day moving average is $12.28.

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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