China Minsheng (OTCMKTS:CMAKY - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $6.72 and last traded at $6.03, with a volume of 5953 shares changing hands. The stock had previously closed at $5.20.
China Minsheng Trading Up 2.0%
The firm has a market capitalization of $28.59 billion, a price-to-earnings ratio of 7.51 and a beta of 0.31. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.89 and a current ratio of 0.89. The business has a fifty day moving average price of $5.23 and a 200 day moving average price of $4.77.
China Minsheng Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, August 29th. Stockholders of record on Thursday, July 3rd will be given a $0.0605 dividend. This represents a dividend yield of 3.62%. The ex-dividend date is Wednesday, July 2nd. China Minsheng's payout ratio is currently 13.79%.
About China Minsheng
(
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China Minsheng Banking Corp., Ltd. provides banking products and services for individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People's Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments.
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