China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY – Get Free Report) shares reached a new 52-week high on Thursday . The company traded as high as $31.80 and last traded at $31.50, with a volume of 20027 shares changing hands. The stock had previously closed at $30.33.
China Merchants Bank Price Performance
The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.21. The business’s 50-day moving average is $27.86 and its two-hundred day moving average is $25.12. The company has a market capitalization of $162.92 billion, a P/E ratio of 8.30 and a beta of 0.30.
China Merchants Bank Company Profile
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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