China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY - Get Free Report) rose 4.5% during mid-day trading on Wednesday . The stock traded as high as $30.42 and last traded at $30.37. Approximately 15,002 shares traded hands during trading, a decline of 62% from the average daily volume of 39,557 shares. The stock had previously closed at $29.06.
China Merchants Bank Stock Performance
The company has a market cap of $153.39 billion, a PE ratio of 7.82 and a beta of 0.30. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.84 and a current ratio of 0.84. The firm's 50 day moving average is $27.28 and its 200-day moving average is $24.84.
China Merchants Bank Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider China Merchants Bank, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and China Merchants Bank wasn't on the list.
While China Merchants Bank currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
