China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY – Get Free Report) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 13,400 shares, a decrease of 27.6% from the February 28th total of 18,500 shares. Based on an average daily volume of 42,400 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.
China Merchants Bank Price Performance
Shares of CIHKY traded down $0.48 during mid-day trading on Friday, reaching $29.17. The company had a trading volume of 19,013 shares, compared to its average volume of 34,905. The company’s 50-day moving average is $29.01 and its 200-day moving average is $25.91. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market capitalization of $147.13 billion, a P/E ratio of 7.50 and a beta of 0.30. China Merchants Bank has a twelve month low of $18.20 and a twelve month high of $33.17.
China Merchants Bank (OTCMKTS:CIHKY – Get Free Report) last issued its quarterly earnings data on Tuesday, March 25th. The company reported $0.87 earnings per share (EPS) for the quarter. China Merchants Bank had a return on equity of 13.27% and a net margin of 30.16%. The company had revenue of $11.68 billion during the quarter.
China Merchants Bank Company Profile
China Merchants Bank Co, Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels.
Featured Stories
- Five stocks we like better than China Merchants Bank
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Venezuelan Tariffs Could Power These 3 Diesel-Driven Winners
- Quiet Period Expirations Explained
- MarketBeat Week in Review – 03/24 – 03/28
- Do ETFs Pay Dividends? What You Need to Know
- Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low
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.
