China Merchants Holdings International (OTCMKTS:CMHHY) Sets New 12-Month High – Time to Buy?

China Merchants Holdings International Co. (OTCMKTS:CMHHY – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as $24.45 and last traded at $24.45, with a volume of 125 shares changing hands. The stock had previously closed at $22.01.

China Merchants Holdings International Stock Performance

The business’s 50 day moving average price is $20.41 and its two-hundred day moving average price is $19.45. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.69 and a current ratio of 0.70.

China Merchants Holdings International Company Profile

(Get Free Report)

China Merchants Holdings International, formerly listed under the OTCMKTS symbol CMHHY, was the former name of China Merchants Port Holdings Company Limited, a port and logistics infrastructure company associated with China Merchants Group. The business focuses primarily on the development, investment, operation and management of port facilities.

The company’s activities have included container terminal operations, bulk and general cargo terminals, port-related logistics, and supporting infrastructure and services.

Further Reading

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