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China Minsheng Banking (OTCMKTS:CMAKY) Shares Down 3.5% - Should You Sell?

China Minsheng Banking logo with Finance background

China Minsheng Banking Corp., Ltd. (OTCMKTS:CMAKY - Get Free Report) traded down 3.5% during mid-day trading on Wednesday . The stock traded as low as $3.86 and last traded at $3.86. 128 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 2,254 shares. The stock had previously closed at $4.00.

China Minsheng Banking Trading Down 3.5 %

The company's 50 day simple moving average is $3.92 and its 200-day simple moving average is $3.72. The firm has a market cap of $16.90 billion, a P/E ratio of 4.24 and a beta of 0.24.

China Minsheng Banking Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 17th. Shareholders of record on Wednesday, October 30th were given a $0.1278 dividend. The ex-dividend date of this dividend was Wednesday, October 30th. China Minsheng Banking's payout ratio is 27.47%.

China Minsheng Banking Company Profile

(Get Free Report)

China Minsheng Banking Corp., Ltd. provides banking products and services for individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People's Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments.

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