China Merchants Holdings International (OTCMKTS:CMHHY) Shares Gap Down – Here’s What Happened

China Merchants Holdings International Co. (OTCMKTS:CMHHYGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $21.76, but opened at $20.40. China Merchants Holdings International shares last traded at $20.40, with a volume of 477 shares.

China Merchants Holdings International Trading Down 5.1%

The company’s 50-day simple moving average is $20.68 and its two-hundred day simple moving average is $20.35.

China Merchants Holdings International Company Profile

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China Merchants Holdings International (CMHI) is a Hong Kong–based port operator and logistics services provider. As a flagship subsidiary of China Merchants Group, the company specializes in the development, operation and management of container terminals and related maritime transport facilities. Its core activities include container handling, warehousing, intermodal transportation and terminal ancillary services, catering to global shipping lines, logistics companies and import-export operators.

CMHI’s network spans major international and domestic port gateways.

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