China Merchants Bank (OTCMKTS:CIHKY) Shares Gap Down – Should You Sell?

China Merchants Bank Co. (OTCMKTS:CIHKY)’s share price gapped down prior to trading on Monday . The stock had previously closed at $31.72, but opened at $30.26. China Merchants Bank shares last traded at $31.5150, with a volume of 7,236 shares trading hands.

China Merchants Bank Trading Up 0.3%

The company has a debt-to-equity ratio of 0.12, a current ratio of 0.81 and a quick ratio of 0.81. The business has a fifty day moving average of $32.04 and a 200-day moving average of $31.75. The stock has a market capitalization of $159.69 billion, a price-to-earnings ratio of 8.04 and a beta of 0.29.

About China Merchants Bank

China Merchants Bank (OTCMKTS: CIHKY) is a major Chinese commercial bank headquartered in Shenzhen. Established in 1987 as one of the country’s early joint-stock commercial banks, it has grown into a full-service banking group serving individual, small and medium-sized enterprise (SME), and corporate clients. The bank is part of the broader China Merchants Group ecosystem and maintains listings on domestic and international exchanges to facilitate investor access.

The bank’s core businesses encompass retail banking, corporate and commercial banking, private banking and wealth management, credit cards, transaction banking and trade finance, treasury and markets, and asset management.