China Merchants Holdings International Co. (OTCMKTS:CMHHY – Get Free Report) shares shot up 14.7% on Wednesday . The stock traded as high as $18.8625 and last traded at $18.8625. Approximately 302 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 8,750 shares. The stock had previously closed at $16.4450.
China Merchants Holdings International Price Performance
The company has a current ratio of 0.72, a quick ratio of 0.71 and a debt-to-equity ratio of 0.10. The business has a 50-day simple moving average of $17.82 and a 200-day simple moving average of $19.43.
China Merchants Holdings International Company Profile
China Merchants Holdings International (CMHI) is a Hong Kong–based port operator and logistics services provider. As a flagship subsidiary of China Merchants Group, the company specializes in the development, operation and management of container terminals and related maritime transport facilities. Its core activities include container handling, warehousing, intermodal transportation and terminal ancillary services, catering to global shipping lines, logistics companies and import-export operators.
CMHI’s network spans major international and domestic port gateways.
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