China Merchants Holdings International (OTCMKTS:CMHHY) Sets New 12-Month High – Time to Buy?

China Merchants Holdings International Co. (OTCMKTS:CMHHY)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $21.05 and last traded at $21.05, with a volume of 149 shares trading hands. The stock had previously closed at $19.10.

China Merchants Holdings International Trading Up 10.2%

The company has a quick ratio of 0.77, a current ratio of 0.78 and a debt-to-equity ratio of 0.11. The company has a 50 day moving average of $19.58 and a 200-day moving average of $18.34.

China Merchants Holdings International Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, December 4th. Investors of record on Tuesday, September 30th will be issued a dividend of $0.2732 per share. This represents a dividend yield of 522.0%. The ex-dividend date is Monday, September 29th.

About China Merchants Holdings International

China Merchants Port Holdings Company Limited, an investment holding company, operates as a port operator in Mainland China, Brazil, Hong Kong, Taiwan, and internationally. The company operates through Ports Operation, Bonded Logistics Operation, and Other Operations segments. It engages in the container, and bulk and general cargo terminal operation; logistic park operation, ports transportation, and airport cargo handling; and property development, holding, and investment activities.