CHINA MERCHANTS/ADR (OTCMKTS:CIHKY)’s share price traded down 0.5% on Monday . The stock traded as low as $25.99 and last traded at $26.01, 11,557 shares were traded during trading. An increase of 27% from the average session volume of 9,082 shares. The stock had previously closed at $26.15.
Separately, ValuEngine cut CHINA MERCHANTS/ADR from a “sell” rating to a “strong sell” rating in a research report on Saturday, December 21st.
The firm has a fifty day moving average price of $25.18 and a 200 day moving average price of $24.38.
CHINA MERCHANTS/ADR (OTCMKTS:CIHKY) last released its quarterly earnings results on Wednesday, October 30th. The company reported $0.74 earnings per share (EPS) for the quarter. The business had revenue of $9.11 billion during the quarter.
CHINA MERCHANTS/ADR Company Profile (OTCMKTS:CIHKY)
China Merchants Bank Co, Ltd. provides various wholesale and retail banking products and services in the People's Republic of China and internationally. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers time, demand, call, notice, and RMB deposits; and deposit, current, and capital accounts.
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