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
(
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider China Minsheng, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and China Minsheng wasn't on the list.
While China Minsheng currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
