Separately, Zacks Investment Research upgraded shares of ANHUI CONCH CEM/ADR from a hold rating to a buy rating and set a $33.00 price target for the company in a research report on Friday, October 25th.
OTCMKTS AHCHY opened at $31.63 on Tuesday. ANHUI CONCH CEM/ADR has a 12 month low of $22.70 and a 12 month high of $33.34. The stock has a market cap of $8.32 billion, a price-to-earnings ratio of 7.44 and a beta of 1.58. The company’s 50 day moving average is $30.89 and its two-hundred day moving average is $29.76.
Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures and sells cement, commodity clinker, and aggregates in the People's Republic of China and internationally. The company primarily offers cement and commodity clinker under the CONCH brand. It also provides construction and installation services for industrial purposes; logistic services; and mining and related services.
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