ANHUI CONCH CEM/ADR (OTCMKTS:AHCHY)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $35.42 and traded as high as $37.62. ANHUI CONCH CEM/ADR shares last traded at $37.58, with a volume of 7,034 shares traded.
Separately, Zacks Investment Research lowered shares of ANHUI CONCH CEM/ADR from a “buy” rating to a “hold” rating in a research note on Tuesday, June 9th.
The firm’s fifty day moving average is $35.42 and its two-hundred day moving average is $35.76.
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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