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

China Minsheng logo with Finance background

China Minsheng (OTCMKTS:CMAKY - Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $5.13, but opened at $4.99. China Minsheng shares last traded at $4.99, with a volume of 194 shares.

China Minsheng Stock Performance

The stock's fifty day moving average price is $5.01 and its 200 day moving average price is $4.66. The stock has a market cap of $22.77 billion, a P/E ratio of 5.98 and a beta of 0.31. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.43.

China Minsheng Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, August 29th. Investors of record on Thursday, July 3rd will be paid a dividend of $0.0605 per share. This represents a yield of 3.62%. The ex-dividend date is Wednesday, July 2nd. China Minsheng's payout ratio is currently 29.89%.

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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