China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY - Get Free Report) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 20,100 shares, a growth of 1,727.3% from the December 15th total of 1,100 shares. Based on an average daily trading volume, of 71,200 shares, the days-to-cover ratio is presently 0.3 days.
China Merchants Bank Stock Performance
OTCMKTS CIHKY traded up $0.32 on Monday, reaching $24.46. 38,254 shares of the company's stock traded hands, compared to its average volume of 52,479. The stock has a 50 day moving average price of $24.21 and a 200-day moving average price of $22.99. The firm has a market cap of $123.38 billion, a price-to-earnings ratio of 6.29 and a beta of 0.31. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.86 and a current ratio of 0.86. China Merchants Bank has a fifty-two week low of $15.90 and a fifty-two week high of $31.17.
China Merchants Bank (OTCMKTS:CIHKY - Get Free Report) last issued its earnings results on Tuesday, October 29th. The company reported $1.06 EPS for the quarter. China Merchants Bank had a return on equity of 13.43% and a net margin of 30.16%. The firm had revenue of $11.05 billion for 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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