China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY - Get Free Report) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 13,400 shares, a drop of 27.6% from the February 28th total of 18,500 shares. Based on an average daily volume of 42,400 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company's shares are sold short.
China Merchants Bank Trading Down 1.2 %
Shares of CIHKY traded down $0.37 during mid-day trading on Thursday, reaching $28.84. The company had a trading volume of 16,647 shares, compared to its average volume of 33,922. China Merchants Bank has a fifty-two week low of $18.20 and a fifty-two week high of $33.17. The firm has a fifty day simple moving average of $29.16 and a 200-day simple moving average of $26.13. The stock has a market cap of $145.44 billion, a price-to-earnings ratio of 7.41 and a beta of 0.30. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21.
China Merchants Bank (OTCMKTS:CIHKY - Get Free Report) last issued its earnings results on Tuesday, March 25th. The company reported $0.87 earnings per share for the quarter. China Merchants Bank had a return on equity of 13.27% and a net margin of 30.16%. The company had revenue of $11.68 billion during the quarter.
China Merchants Bank Company Profile
(
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China Merchants Bank Co, Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels.
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