Free Trial

China Merchants Bank (OTCMKTS:CIHKY) Hits New 12-Month High - Time to Buy?

China Merchants Bank logo with Finance background

China Merchants Bank Co. (OTCMKTS:CIHKY - Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $37.15 and last traded at $36.02, with a volume of 1801 shares changing hands. The stock had previously closed at $35.16.

China Merchants Bank Price Performance

The business has a 50-day moving average of $30.81 and a two-hundred day moving average of $28.65. 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 has a market cap of $179.72 billion, a P/E ratio of 9.14 and a beta of 0.33.

China Merchants Bank (OTCMKTS:CIHKY - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported $1.02 EPS for the quarter. China Merchants Bank had a net margin of 30.77% and a return on equity of 12.88%. The business had revenue of $10.16 billion for the quarter.

China Merchants Bank Company Profile

(Get Free Report)

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.

Featured Articles

Should You Invest $1,000 in China Merchants Bank Right Now?

Before you consider China Merchants Bank, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and China Merchants Bank wasn't on the list.

While China Merchants Bank currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Next Palantir? AI-Defense Stock Set for Explosive Growth
2 Chip Stocks Are Soaring—But One Could Break Out This Summer
Congress Bought This Stock at the Bottom—Will You Miss It?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines