Shares of China Minsheng (OTCMKTS:CMAKY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $6.67, but opened at $6.40. China Minsheng shares last traded at $6.40, with a volume of 100 shares.
China Minsheng Trading Down 3.1%
The company has a fifty day simple moving average of $5.66 and a two-hundred day simple moving average of $4.96. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.43. The stock has a market capitalization of $27.15 billion, a P/E ratio of 7.13 and a beta of 0.31.
China Minsheng Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, August 29th. Shareholders of record on Thursday, July 3rd will be issued a dividend of $0.0605 per share. The ex-dividend date is Wednesday, July 2nd. This represents a yield of 3.62%. China Minsheng's dividend payout ratio is presently 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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