China Merchants Holdings International (OTCMKTS:CMHHY) Sees Strong Trading Volume – Here’s What Happened

Shares of China Merchants Holdings International Co. (OTCMKTS:CMHHY – Get Free Report) saw unusually-high trading volume on Wednesday. 178,949 shares changed hands during trading, an increase of 3,748% from the average daily volume of 4,651 shares. The stock last traded at $21.43 and had previously closed at $21.4313.

China Merchants Holdings International Stock Performance

The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 0.07. The stock has a 50 day moving average price of $21.72 and a 200 day moving average price of $19.92.

China Merchants Holdings International Company Profile

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China Merchants Holdings International was a Hong Kong-based port and logistics company whose principal business was investing in and operating port assets. In 2016, it changed its name to China Merchants Port Holdings Company Limited. The company’s activities include operating container terminals and facilities for bulk and general cargo, along with providing related port services. Its portfolio has included assets in mainland China and Hong Kong, as well as investments in ports and port-related businesses in other regions.

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