China Merchants Port (OTCMKTS:CMHHY) Sets New 12-Month Low – Should You Sell?

Shares of China Merchants Port Holdings Company Limited (OTCMKTS:CMHHY) reached a new 52-week low on Monday . The company traded as low as $16.18 and last traded at $16.18, with a volume of 7 shares changing hands. The stock had previously closed at $16.18.

China Merchants Port Stock Performance

The business’s fifty day moving average price is $15.88 and its 200-day moving average price is $14.86. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.87 and a quick ratio of 0.86.

China Merchants Port Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, December 5th. Investors 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.