China Minsheng Banking Corp., Ltd. (OTCMKTS:CMAKY – Get Free Report)’s stock price was down 3.5% during mid-day trading on Wednesday . The company traded as low as $3.86 and last traded at $3.86. Approximately 128 shares were traded during trading, a decline of 94% from the average daily volume of 2,254 shares. The stock had previously closed at $4.00.
China Minsheng Banking Stock Performance
The business has a 50-day simple moving average of $3.92 and a 200 day simple moving average of $3.72. The firm has a market cap of $16.90 billion, a P/E ratio of 4.24 and a beta of 0.24.
China Minsheng Banking Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, December 17th. Investors of record on Wednesday, October 30th were issued a dividend of $0.1278 per share. The ex-dividend date of this dividend was Wednesday, October 30th. China Minsheng Banking’s dividend payout ratio is presently 27.47%.
About China Minsheng Banking
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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