China Merchants Holdings International (OTCMKTS:CMHHY) Hits New 12-Month High – Time to Buy?

China Merchants Holdings International Co. (OTCMKTS:CMHHYGet Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $21.05 and last traded at $21.05, with a volume of 149 shares traded. The stock had previously closed at $19.10.

China Merchants Holdings International Stock Performance

The firm’s 50 day moving average price is $19.66 and its 200-day moving average price is $18.41. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.77 and a current ratio of 0.78.

China Merchants Holdings International Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, December 4th. Investors of record on Tuesday, September 30th will be paid a dividend of $0.2732 per share. This represents a yield of 522.0%. The ex-dividend date is Monday, September 29th.

China Merchants Holdings International Company Profile

(Get Free Report)

China Merchants Port Holdings Company Limited, an investment holding company, operates as a port operator in Mainland China, Brazil, Hong Kong, Taiwan, and internationally. The company operates through Ports Operation, Bonded Logistics Operation, and Other Operations segments. It engages in the container, and bulk and general cargo terminal operation; logistic park operation, ports transportation, and airport cargo handling; and property development, holding, and investment activities.

Further Reading

Receive News & Ratings for China Merchants Holdings International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Merchants Holdings International and related companies with MarketBeat.com's FREE daily email newsletter.