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

The Goldman Sachs Group upgraded shares of Anhui Conch Cement (OTCMKTS:AHCHY) 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

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.