Shares of China Minsheng (OTCMKTS:CMAKY - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $5.20, but opened at $6.02. China Minsheng shares last traded at $6.02, with a volume of 2,606 shares traded.
China Minsheng Stock Up 29.2%
The business has a 50 day moving average of $5.05 and a 200 day moving average of $4.69. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.89 and a quick ratio of 0.89. The firm has a market capitalization of $29.42 billion, a price-to-earnings ratio of 7.72 and a beta of 0.31.
China Minsheng Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, August 29th. Shareholders of record on Thursday, July 3rd will be paid a $0.0605 dividend. This represents a yield of 3.62%. The ex-dividend date of this dividend is Wednesday, July 2nd. China Minsheng's payout ratio is 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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