CHINA MERCHANTS/ADR (OTCMKTS:CMHHY) shares were up 1.4% on Wednesday . The company traded as high as $16.02 and last traded at $16.02, approximately 2,000 shares traded hands during mid-day trading. An increase of 1,950% from the average daily volume of 98 shares. The stock had previously closed at $15.80.
Separately, Zacks Investment Research lowered CHINA MERCHANTS/ADR from a “hold” rating to a “sell” rating in a research note on Monday, August 19th.
The firm has a market cap of $5.33 billion, a PE ratio of 6.05 and a beta of 0.63. The company has a 50 day moving average price of $15.62 and a 200 day moving average price of $18.42. The company has a current ratio of 1.17, a quick ratio of 1.15 and a debt-to-equity ratio of 0.38.
About CHINA MERCHANTS/ADR (OTCMKTS:CMHHY)
China Merchants Port Holdings Company Limited, an investment holding company, operates as a port operator in Mainland China, Hong Kong, Taiwan, and internationally. It operates through Ports Operation, Bonded Logistics Operation, Port-Related Manufacturing Operations, and Other Operations segments. The company is involved in the operation of container, and bulk and general cargo terminals; and logistic park operation, ports transportation, and airport cargo handling activities.
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