Shares of China Merchants Bank Co. (OTCMKTS:CIHKY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $34.69, but opened at $33.44. China Merchants Bank shares last traded at $33.80, with a volume of 9,100 shares trading hands.
China Merchants Bank Price Performance
The company has a debt-to-equity ratio of 0.18, a current ratio of 0.84 and a quick ratio of 0.84. The stock's fifty day simple moving average is $30.29 and its 200-day simple moving average is $28.31. The company has a market capitalization of $169.07 billion, a P/E ratio of 8.59 and a beta of 0.33.
China Merchants Bank (OTCMKTS:CIHKY - Get Free Report) last announced its quarterly earnings data 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 during the quarter.
China Merchants Bank Company Profile
(
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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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