China Merchants Bank (OTCMKTS:CIHKY) Reaches New 12-Month High - What's Next?
China Merchants Bank Co. (OTCMKTS:CIHKY - Get Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $37.15 and last traded at $36.02, with a volume of 1801 shares trading hands. The stock had previously closed at $35.16.
The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.18. The firm's 50 day moving average price is $30.81 and its two-hundred day moving average price is $28.65. The company has a market capitalization of $179.72 billion, a price-to-earnings ratio of 9.14 and a beta of 0.33.
China Merchants Bank (OTCMKTS:CIHKY - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $1.02 EPS for the quarter. The business had revenue of $10.16 billion during the quarter. China Merchants Bank had a return on equity of 12.88% and a net margin of 30.77%.
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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