China Merchants Port (OTCMKTS:CMHHY) Sets New 52-Week High – Should You Buy?

China Merchants Port Holdings Company Limited (OTCMKTS:CMHHYGet Free Report) shares reached a new 52-week high on Tuesday . 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 $14.76.

China Merchants Port Stock Performance

The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.86 and a current ratio of 0.87. The stock’s 50 day simple moving average is $14.75 and its two-hundred day simple moving average is $14.07.

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 dividend of $0.2821 per share. 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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