Free Trial

China Merchants Bank (OTCMKTS:CIHKY) Shares Up 1.8% - Still a Buy?

China Merchants Bank logo with Finance background

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY - Get Free Report) shot up 1.8% on Friday . The stock traded as high as $30.25 and last traded at $29.60. 30,114 shares were traded during trading, a decline of 5% from the average session volume of 31,729 shares. The stock had previously closed at $29.08.

China Merchants Bank Stock Up 1.3%

The firm's fifty day moving average price is $29.02 and its two-hundred day moving average price is $26.90. The stock has a market cap of $159.09 billion, a price-to-earnings ratio of 8.11 and a beta of 0.28. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.84 and a quick ratio of 0.84.

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. The company 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.

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

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

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

Featured Articles and Offers

Recent Videos

This Unique Robotaxi Play Could Deliver 10X Returns
NVIDIA’s Secret Picks? 3 Stocks Rising With the AI Giant
NVIDIA Earnings Preview: HUGE Stock Move Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines