China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY - Get Free Report) saw a significant increase in short interest in April. As of April 30th, there was short interest totalling 26,600 shares, an increase of 31.0% from the April 15th total of 20,300 shares. Based on an average daily trading volume, of 60,700 shares, the short-interest ratio is presently 0.4 days.
China Merchants Bank Trading Up 1.0 %
CIHKY traded up $0.24 during midday trading on Wednesday, reaching $23.95. The company's stock had a trading volume of 22,684 shares, compared to its average volume of 77,923. China Merchants Bank has a twelve month low of $15.57 and a twelve month high of $25.44. The stock has a market cap of $120.80 billion, a P/E ratio of 6.06 and a beta of 0.36. The company has a fifty day simple moving average of $20.70 and a 200 day simple moving average of $18.93.
China Merchants Bank (OTCMKTS:CIHKY - Get Free Report) last released its earnings results on Monday, March 25th. The company reported $0.83 earnings per share for the quarter. The business had revenue of $10.89 billion for the quarter. China Merchants Bank had a return on equity of 14.92% and a net margin of 29.99%.
China Merchants Bank Company Profile
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China Merchants Bank Co, Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels.
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