China Merchants Bank (OTCMKTS:CIHKY) Hits New 1-Year High at $28.44

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) hit a new 52-week high on Wednesday . The stock traded as high as $28.44 and last traded at $28.44, with a volume of 106972 shares. The stock had previously closed at $24.87.

China Merchants Bank Stock Up 14.4 %

The firm has a market cap of $145.01 billion, a PE ratio of 7.27 and a beta of 0.35. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.25. The firm has a 50 day moving average price of $20.78 and a 200-day moving average price of $21.43.

China Merchants Bank (OTCMKTS:CIHKY) last announced its quarterly earnings data on Thursday, August 29th. The company reported $0.95 earnings per share for the quarter. The business had revenue of $11.84 billion for the quarter. China Merchants Bank had a net margin of 29.97% and a return on equity of 13.68%.

About China Merchants Bank

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.