China Merchants Bank Co. (OTCMKTS:CIHKY - Get Free Report)'s stock price hit 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 trading hands. The stock had previously closed at $35.16.
China Merchants Bank Trading Down 1.3%
The company's fifty day moving average is $31.27 and its two-hundred day moving average is $28.84. The stock has a market cap of $177.50 billion, a price-to-earnings ratio of 9.02 and a beta of 0.33. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.18.
China Merchants Bank (OTCMKTS:CIHKY - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported $1.02 earnings per share for the quarter. China Merchants Bank had a net margin of 30.77% and a return on equity of 12.88%. The firm had revenue of $10.16 billion for the quarter.
About China Merchants Bank
(
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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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