China Merchants Bank Co. (OTCMKTS:CIHKY – Get Free Report) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 2,126 shares, a decline of 86.4% from the April 30th total of 15,611 shares. Based on an average daily volume of 95,655 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.
China Merchants Bank Price Performance
Shares of China Merchants Bank stock opened at $29.22 on Thursday. The company’s 50-day moving average price is $31.08 and its two-hundred day moving average price is $31.77. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.12. The stock has a market cap of $147.38 billion, a PE ratio of 7.25 and a beta of 0.20. China Merchants Bank has a 52 week low of $28.47 and a 52 week high of $37.15.
China Merchants Bank (OTCMKTS:CIHKY – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $1.08 earnings per share (EPS) for the quarter. The firm had revenue of $12.44 billion for the quarter, compared to the consensus estimate of $12.43 billion. China Merchants Bank had a return on equity of 12.14% and a net margin of 32.40%. As a group, sell-side analysts anticipate that China Merchants Bank will post 4.5 EPS for the current fiscal year.
Analysts Set New Price Targets
View Our Latest Research Report on China Merchants Bank
China Merchants Bank Company Profile
China Merchants Bank (OTCMKTS: CIHKY) is a major Chinese commercial bank headquartered in Shenzhen. Established in 1987 as one of the country’s early joint-stock commercial banks, it has grown into a full-service banking group serving individual, small and medium-sized enterprise (SME), and corporate clients. The bank is part of the broader China Merchants Group ecosystem and maintains listings on domestic and international exchanges to facilitate investor access.
The bank’s core businesses encompass retail banking, corporate and commercial banking, private banking and wealth management, credit cards, transaction banking and trade finance, treasury and markets, and asset management.
Featured Stories
- Five stocks we like better than China Merchants Bank
- Abercrombie Rallies as Strong Q1 Earnings Extend Winning Streak
- TeraWulf Bets on Power Infrastructure to Lead AI Build-Out
- Amazon’s Alexa for Shopping Strengthens an Already Strong Bull Case
- Keysight: The AI and Defense Stock Seeing Big Price Target Boosts
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.
