China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY – Get Rating) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 1,100 shares, a drop of 73.8% from the March 31st total of 4,200 shares. Based on an average daily volume of 145,800 shares, the short-interest ratio is presently 0.0 days.
Shares of CIHKY traded up $0.22 during trading hours on Friday, hitting $29.92. The stock had a trading volume of 71,043 shares, compared to its average volume of 71,826. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.86 and a current ratio of 0.92. China Merchants Bank has a 12 month low of $27.74 and a 12 month high of $46.46. The stock has a fifty day moving average price of $37.55 and a 200 day moving average price of $39.87.
China Merchants Bank (OTCMKTS:CIHKY – Get Rating) last issued its quarterly earnings data on Friday, April 22nd. The company reported $1.13 EPS for the quarter. China Merchants Bank had a return on equity of 16.13% and a net margin of 27.30%. The company had revenue of $13.44 billion during the quarter. As a group, sell-side analysts anticipate that China Merchants Bank will post 0.33 EPS for the current year.
About China Merchants Bank (Get Rating)
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.
- Get a free copy of the StockNews.com research report on China Merchants Bank (CIHKY)
- Why is Chevron Stock Falling After Strong Earnings?
- MarketBeat: Week in Review 4/25 – 4/29
- Apple’s Numbers Complete Trifecta
- Rogers Communication Stock Should Be Launching Higher
- O’Reilly Automotive Hits A Pothole
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.