China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY - Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $33.24 and last traded at $33.23, with a volume of 25396 shares changing hands. The stock had previously closed at $32.41.
China Merchants Bank Stock Up 2.5%
The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $167.62 billion, a price-to-earnings ratio of 8.54 and a beta of 0.33. The firm's 50-day moving average price is $29.52 and its 200 day moving average price is $27.93.
China Merchants Bank (OTCMKTS:CIHKY - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported $1.02 earnings per share (EPS) for the quarter. The firm had revenue of $10.16 billion during the quarter. China Merchants Bank had a net margin of 30.16% and a return on equity of 13.27%.
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.
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