China Merchants Bank Co. (OTCMKTS:CIHKY – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $31.72, but opened at $30.47. China Merchants Bank shares last traded at $31.4550, with a volume of 6,443 shares changing hands.
China Merchants Bank Price Performance
The company has a fifty day simple moving average of $31.37 and a 200 day simple moving average of $31.65. The stock has a market capitalization of $159.04 billion, a price-to-earnings ratio of 8.00 and a beta of 0.29. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.81 and a current ratio of 0.81.
China Merchants Bank Company Profile
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.
Featured Articles
- Five stocks we like better than China Merchants Bank
- The gold chart Wall Street is terrified of…
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
Receive News & Ratings for China Merchants Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Merchants Bank and related companies with MarketBeat.com's FREE daily email newsletter.
