China Merchants Holdings International Co. (OTCMKTS:CMHHY - Get Free Report) shares were down 4.7% during trading on Friday . The company traded as low as $16.39 and last traded at $16.39. Approximately 12 shares traded hands during trading, an increase of 1,900% from the average daily volume of 1 shares. The stock had previously closed at $17.20.
China Merchants Holdings International Trading Down 4.7%
The company has a quick ratio of 0.68, a current ratio of 0.69 and a debt-to-equity ratio of 0.11. The company has a 50-day simple moving average of $16.81 and a two-hundred day simple moving average of $16.70.
China Merchants Holdings International Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, July 25th. Shareholders of record on Tuesday, June 10th will be given a $0.7413 dividend. This is a boost from China Merchants Holdings International's previous dividend of $0.28. The ex-dividend date of this dividend is Monday, June 9th. This represents a yield of 9.23%.
About China Merchants Holdings International
(
Get Free Report)
China Merchants Port Holdings Company Limited, an investment holding company, operates as a port operator in Mainland China, Brazil, Hong Kong, Taiwan, and internationally. The company operates through Ports Operation, Bonded Logistics Operation, and Other Operations segments. It engages in the container, and bulk and general cargo terminal operation; logistic park operation, ports transportation, and airport cargo handling; and property development, holding, and investment activities.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider China Merchants Holdings International, 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 Holdings International wasn't on the list.
While China Merchants Holdings International currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.