China Minsheng (OTCMKTS:CMAKY) Reaches New 1-Year Low – Should You Sell?

China Minsheng (OTCMKTS:CMAKYGet Free Report)’s stock price reached a new 52-week low on Friday . The stock traded as low as $4.04 and last traded at $4.04, with a volume of 15001 shares changing hands. The stock had previously closed at $4.2250.

China Minsheng Trading Down 1.7%

The firm has a market cap of $17.69 billion, a price-to-earnings ratio of 4.70 and a beta of 0.28. The stock has a fifty day moving average price of $4.42 and a 200 day moving average price of $4.71.

China Minsheng (OTCMKTS:CMAKYGet Free Report) last posted its quarterly earnings results on Monday, March 30th. The company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $4.03 billion for the quarter. China Minsheng had a net margin of 11.70% and a return on equity of 4.23%. On average, sell-side analysts forecast that China Minsheng will post 0.91 EPS for the current year.

About China Minsheng

(Get Free Report)

China Minsheng Banking Corp., Ltd. (OTCMKTS: CMAKY) is a commercial bank that provides a broad range of banking and financial services to corporate and individual customers in the People’s Republic of China. The bank’s product suite encompasses corporate lending, small- and medium-sized enterprise (SME) finance, retail banking products such as deposits and consumer loans, as well as trade finance and cash-management services for businesses.

In addition to traditional lending and deposit-taking, China Minsheng offers treasury and capital markets services, wealth management and private banking solutions, and asset-management products.

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