China Merchants Port (OTCMKTS:CMHHY) Reaches New 1-Year High – Here’s Why

China Merchants Port Holdings Company Limited (OTCMKTS:CMHHYGet Free Report)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $18.01 and last traded at $18.01, with a volume of 100 shares. The stock had previously closed at $17.00.

China Merchants Port Trading Up 5.9 %

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 price of $14.99 and a two-hundred day moving average price of $14.31.

China Merchants Port Cuts Dividend

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

About China Merchants Port

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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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