China Minsheng (OTCMKTS:CMAKY) Shares Gap Down – Should You Sell?

China Minsheng (OTCMKTS:CMAKY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $5.22, but opened at $4.9940. China Minsheng shares last traded at $4.83, with a volume of 1,000 shares traded.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of China Minsheng from a “strong sell” rating to a “hold” rating in a research report on Friday, November 7th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.

China Minsheng Stock Performance

The company has a market cap of $21.15 billion, a P/E ratio of 5.49 and a beta of 0.25. The business’s 50 day simple moving average is $5.37 and its 200 day simple moving average is $5.57. The company has a current ratio of 0.87, a quick ratio of 0.89 and a debt-to-equity ratio of 1.24.

China Minsheng (OTCMKTS:CMAKY) last posted its quarterly earnings results on Friday, October 31st. The company reported $0.20 earnings per share for the quarter. The business had revenue of $5.05 billion during the quarter. China Minsheng had a net margin of 11.27% and a return on equity of 4.49%.

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.