China Merchants Port (OTCMKTS:CMHHY) Sets New 12-Month Low – Here’s What Happened

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

China Merchants Port Stock Performance

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

China Merchants Port Cuts Dividend

The firm also recently disclosed 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 of this dividend is Wednesday, September 25th.

About China Merchants Port

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.