Shares of China Minsheng (OTCMKTS:CMAKY – Get Free Report) traded up 8.9% during trading on Wednesday . The stock traded as high as $4.40 and last traded at $4.40. Approximately 1,001 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 1,806 shares. The stock had previously closed at $4.04.
China Minsheng Stock Up 12.5%
The firm has a market capitalization of $19.26 billion, a PE ratio of 5.12 and a beta of 0.30. The firm has a 50-day moving average price of $4.26 and a 200 day moving average price of $4.60.
China Minsheng Company Profile
China Minsheng Banking Corp., Ltd. (OTCMKTS: CMAKY) is a commercial bank that provides a broad range of banking and financial services to corporate and individual customers in the People’s Republic of China. The bank’s product suite encompasses corporate lending, small- and medium-sized enterprise (SME) finance, retail banking products such as deposits and consumer loans, as well as trade finance and cash-management services for businesses.
In addition to traditional lending and deposit-taking, China Minsheng offers treasury and capital markets services, wealth management and private banking solutions, and asset-management products.
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