China Minsheng (OTCMKTS:CMAKY) Shares Gap Down - Here's What Happened

Key Points

• China Minsheng (OTCMKTS:CMAKY) shares gapped down pre-market, after a prior close of $5.03 the stock opened at $4.7550 and last traded at $4.6325 on light volume (400 shares).
• The stock's technicals/valuation show a 50-day MA of $4.88 and 200-day MA of $5.07, a market cap of $19.75 billion, a low P/E of 5.13 and a beta of 0.29.
• In its most recent quarter the bank reported $0.06 EPS on $4.03 billion in revenue, with a net margin of 11.27% and a return on equity of 4.49%.

China Minsheng (OTCMKTS:CMAKY - Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $5.03, but opened at $4.7550. China Minsheng shares last traded at $4.6325, with a volume of 400 shares changing hands.

China Minsheng Price Performance

The stock's fifty day moving average is $4.88 and its 200-day moving average is $5.07. The stock has a market cap of $19.75 billion, a PE ratio of 5.13 and a beta of 0.29.

China Minsheng (OTCMKTS:CMAKY - Get Free Report) last announced its quarterly earnings data on Monday, March 30th. The company reported $0.06 earnings per share (EPS) for the quarter. China Minsheng had a net margin of 11.27% and a return on equity of 4.49%. The firm had revenue of $4.03 billion during the quarter.

China Minsheng Company Profile

China Minsheng Banking Corp., Ltd. OTCMKTS: CMAKY is a commercial bank that provides a broad range of banking and financial services to corporate and individual customers in the People's Republic of China. The bank's product suite encompasses corporate lending, small- and medium-sized enterprise (SME) finance, retail banking products such as deposits and consumer loans, as well as trade finance and cash-management services for businesses.

In addition to traditional lending and deposit-taking, China Minsheng offers treasury and capital markets services, wealth management and private banking solutions, and asset-management products.

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