Anhui Conch Cement Company Limited (OTCMKTS:AHCHY – Get Free Report) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 15,800 shares, an increase of 777.8% from the December 31st total of 1,800 shares. Based on an average trading volume of 46,200 shares, the short-interest ratio is currently 0.3 days.
Anhui Conch Cement Stock Up 1.1 %
Shares of OTCMKTS AHCHY opened at $13.61 on Thursday. The company has a quick ratio of 3.03, a current ratio of 3.40 and a debt-to-equity ratio of 0.08. The firm’s fifty day moving average is $13.00 and its 200 day moving average is $12.79. The company has a market cap of $14.42 billion, a price-to-earnings ratio of 14.18 and a beta of 0.28. Anhui Conch Cement has a 52 week low of $9.82 and a 52 week high of $17.19.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group raised Anhui Conch Cement from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 8th.
Anhui Conch Cement Company Profile
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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