China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY – Get Free Report) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $31.80 and last traded at $31.50, with a volume of 20027 shares traded. The stock had previously closed at $30.33.
China Merchants Bank Price Performance
The company has a fifty day moving average price of $27.58 and a two-hundred day moving average price of $25.00. The firm has a market capitalization of $158.89 billion, a price-to-earnings ratio of 8.10 and a beta of 0.30. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.21.
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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