China Merchants Port (OTCMKTS:CMHHY) Hits New 12-Month Low – Here’s Why

China Merchants Port Holdings Company Limited (OTCMKTS:CMHHY)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as $16.90 and last traded at $17.15, with a volume of 400 shares traded. The stock had previously closed at $17.37.

China Merchants Port Stock Performance

The company has a quick ratio of 0.86, a current ratio of 0.87 and a debt-to-equity ratio of 0.16. The business has a 50 day moving average of $14.95 and a 200-day moving average of $14.24.

China Merchants Port Cuts Dividend

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

China Merchants Port Company Profile

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.