China Minsheng Banking (OTCMKTS:CMAKY) Reaches New 52-Week High – Should You Buy?

Shares of China Minsheng Banking Corp., Ltd. (OTCMKTS:CMAKYGet Free Report) hit a new 52-week high on Monday . The stock traded as high as $5.53 and last traded at $5.40, with a volume of 1607 shares trading hands. The stock had previously closed at $4.98.

China Minsheng Banking Trading Up 8.4%

The firm’s 50 day moving average is $4.63 and its two-hundred day moving average is $4.46. The stock has a market cap of $23.64 billion, a price-to-earnings ratio of 5.93 and a beta of 0.29.

About China Minsheng Banking

(Get Free Report)

China Minsheng Banking Corp., Ltd. provides banking products and services for individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People's Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments.

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