China Minsheng (OTCMKTS:CMAKY – Get Free Report) was down 6% during trading on Monday . The company traded as low as $6.06 and last traded at $6.06. Approximately 483 shares changed hands during mid-day trading, a decline of 4% from the average daily volume of 505 shares. The stock had previously closed at $6.45.
China Minsheng Trading Down 6.0%
The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.89 and a current ratio of 0.89. The business has a fifty day simple moving average of $5.89 and a 200 day simple moving average of $5.06. The stock has a market capitalization of $26.53 billion, a price-to-earnings ratio of 6.97 and a beta of 0.33.
China Minsheng Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, August 29th. Shareholders of record on Thursday, July 3rd will be issued a $0.0605 dividend. This represents a yield of 362.0%. The ex-dividend date of this dividend is Wednesday, July 2nd. China Minsheng’s dividend payout ratio is currently 13.79%.
China Minsheng Company Profile
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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