China Merchants Holdings International (OTCMKTS:CMHHY) Sets New 1-Year High – Time to Buy?

Shares of China Merchants Holdings International Co. (OTCMKTS:CMHHY – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $23.35 and last traded at $23.35, with a volume of 215 shares traded. The stock had previously closed at $21.60.

China Merchants Holdings International Price Performance

The company has a 50 day moving average of $20.25 and a two-hundred day moving average of $19.43.

About China Merchants Holdings International

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China Merchants Holdings International, formerly listed under the OTCMKTS symbol CMHHY, was the former name of China Merchants Port Holdings Company Limited, a port and logistics infrastructure company associated with China Merchants Group. The business focuses primarily on the development, investment, operation and management of port facilities.

The company’s activities have included container terminal operations, bulk and general cargo terminals, port-related logistics, and supporting infrastructure and services.

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