China Merchants Holdings International Co. (OTCMKTS:CMHHY – Get Free Report) shares saw strong trading volume on Wednesday. Approximately 178,949 shares traded hands during mid-day trading, an increase of 3,748% from the average daily volume of 4,651 shares. The stock last traded at $21.43 and had previously closed at $21.4313.
China Merchants Holdings International Price Performance
The company’s 50-day simple moving average is $21.72 and its 200-day simple moving average is $19.92. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.70 and a quick ratio of 0.69.
China Merchants Holdings International Company Profile
China Merchants Holdings International was a Hong Kong-based port and logistics company whose principal business was investing in and operating port assets. In 2016, it changed its name to China Merchants Port Holdings Company Limited. The company’s activities include operating container terminals and facilities for bulk and general cargo, along with providing related port services. Its portfolio has included assets in mainland China and Hong Kong, as well as investments in ports and port-related businesses in other regions.
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