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China Minsheng (OTCMKTS:CMAKY) Hits New 1-Year High - Here's What Happened

China Minsheng logo with Finance background

China Minsheng (OTCMKTS:CMAKY - Get Free Report) hit 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 trading hands. The stock had previously closed at $5.20.

China Minsheng Stock Performance

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 firm has a market capitalization of $27.87 billion, a price-to-earnings ratio of 7.32 and a beta of 0.31. The firm's 50 day simple moving average is $5.07 and its 200 day simple moving average is $4.71.

China Minsheng Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, August 29th. Stockholders of record on Thursday, July 3rd will be issued a dividend of $0.0605 per share. This represents a dividend yield of 3.62%. The ex-dividend date of this dividend is Wednesday, July 2nd. China Minsheng's dividend payout ratio (DPR) is 13.79%.

China Minsheng Company Profile

(Get Free Report)

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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