China Minsheng Banking Corp., Ltd. (OTCMKTS:CMAKY - Get Free Report) shot up 2.7% on Tuesday . The company traded as high as $4.01 and last traded at $3.99. 4,717 shares traded hands during trading, an increase of 105% from the average session volume of 2,300 shares. The stock had previously closed at $3.89.
China Minsheng Banking Stock Up 2.7 %
The company has a 50 day moving average price of $3.89 and a 200-day moving average price of $3.67. The company has a market cap of $17.46 billion, a price-to-earnings ratio of 4.38 and a beta of 0.25.
China Minsheng Banking (OTCMKTS:CMAKY - Get Free Report) last released its quarterly earnings results on Thursday, August 29th. The company reported $0.17 EPS for the quarter. China Minsheng Banking had a return on equity of 5.47% and a net margin of 11.39%. The firm had revenue of $5.03 billion for the quarter.
China Minsheng Banking Cuts Dividend
The business also recently announced a dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Wednesday, October 30th will be issued a $0.1278 dividend. The ex-dividend date of this dividend is Wednesday, October 30th. China Minsheng Banking's dividend payout ratio is presently 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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