China Merchants Holdings International (OTCMKTS:CMHHY) Shares Gap Up – Here’s Why

China Merchants Holdings International Co. (OTCMKTS:CMHHYGet Free Report)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $18.05, but opened at $20.00. China Merchants Holdings International shares last traded at $20.00, with a volume of 337 shares traded.

China Merchants Holdings International Trading Up 10.8%

The business’s 50 day simple moving average is $17.50 and its 200 day simple moving average is $19.31. The company has a quick ratio of 0.71, a current ratio of 0.72 and a debt-to-equity ratio of 0.10.

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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