China Merchants Bank (OTCMKTS:CIHKY) Sees Strong Trading Volume – Still a Buy?

China Merchants Bank Co. (OTCMKTS:CIHKY) shares saw unusually-strong trading volume on Friday . Approximately 18,524 shares traded hands during mid-day trading, an increase of 8% from the previous session’s volume of 17,198 shares.The stock last traded at $30.26 and had previously closed at $30.86.

China Merchants Bank Price Performance

The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market capitalization of $152.91 billion, a price-to-earnings ratio of 7.69 and a beta of 0.24. The company has a 50-day moving average price of $33.11 and a 200-day moving average price of $32.13.

China Merchants Bank (OTCMKTS:CIHKY) last released its quarterly earnings data on Wednesday, October 29th. The company reported $1.08 earnings per share for the quarter. China Merchants Bank had a net margin of 32.06% and a return on equity of 12.04%. The business had revenue of $10.96 billion for the quarter.

China Merchants Bank Company Profile

China Merchants Bank (OTCMKTS: CIHKY) is a major Chinese commercial bank headquartered in Shenzhen. Established in 1987 as one of the country’s early joint-stock commercial banks, it has grown into a full-service banking group serving individual, small and medium-sized enterprise (SME), and corporate clients. The bank is part of the broader China Merchants Group ecosystem and maintains listings on domestic and international exchanges to facilitate investor access.

The bank’s core businesses encompass retail banking, corporate and commercial banking, private banking and wealth management, credit cards, transaction banking and trade finance, treasury and markets, and asset management.