China Merchants Port (OTCMKTS:CMHHY) Reaches New 1-Year High – Should You Buy?

China Merchants Port Holdings Company Limited (OTCMKTS:CMHHYGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $14.76 and last traded at $14.76, with a volume of 0 shares. The stock had previously closed at $14.48.

China Merchants Port Stock Performance

The company has a debt-to-equity ratio of 0.16, a current ratio of 0.87 and a quick ratio of 0.86. The stock’s 50 day moving average price is $14.75 and its 200 day moving average price is $13.98.

China Merchants Port Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, December 5th. Shareholders of record on Wednesday, September 25th will be issued a $0.2821 dividend. The ex-dividend date is Wednesday, September 25th.

About China Merchants Port

(Get Free Report)

China Merchants Port Holdings Company Limited, an investment holding company, operates as a port operator in Mainland China, Brazil, Hong Kong, Taiwan, and internationally. The company operates through Ports Operation, Bonded Logistics Operation, and Other Operations segments. It engages in the container, and bulk and general cargo terminal operation; logistic park operation, ports transportation, and airport cargo handling; and property development, holding, and investment activities.

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