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China Minsheng (OTCMKTS:CMAKY) Shares Gap Up - Time to Buy?

China Minsheng logo with Finance background

China Minsheng (OTCMKTS:CMAKY - Get Free Report)'s stock price gapped up prior to trading on Thursday . The stock had previously closed at $6.38, but opened at $6.70. China Minsheng shares last traded at $6.70, with a volume of 338 shares traded.

China Minsheng Stock Performance

The company has a market cap of $27.75 billion, a PE ratio of 7.29 and a beta of 0.31. The business's 50-day moving average is $5.46 and its 200 day moving average is $4.86. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.89 and a current ratio of 0.89.

China Minsheng Cuts Dividend

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