China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY – Get Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $33.17 and last traded at $32.39, with a volume of 26670 shares traded. The stock had previously closed at $32.36.
China Merchants Bank Stock Performance
The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.21. The company has a market cap of $156.21 billion, a price-to-earnings ratio of 7.96 and a beta of 0.30. The stock has a 50 day simple moving average of $28.45 and a 200 day simple moving average of $25.41.
China Merchants Bank Company Profile
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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