Shares of China Merchants Holdings International Co. (OTCMKTS:CMHHY – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 17,299 shares traded hands during trading, an increase of 730% from the previous session’s volume of 2,083 shares.The stock last traded at $20.75 and had previously closed at $21.75.
China Merchants Holdings International Stock Performance
The company has a debt-to-equity ratio of 0.11, a current ratio of 0.78 and a quick ratio of 0.77. The business’s 50-day moving average is $20.10 and its 200 day moving average is $18.86.
China Merchants Holdings International Cuts Dividend
The business 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. The ex-dividend date is Monday, September 29th. This represents a yield of 522.0%.
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.
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