China Merchants Port (OTCMKTS:CMHHY) Trading Up 8.7% – Here’s Why

China Merchants Port Holdings Company Limited (OTCMKTS:CMHHYGet Free Report)’s stock price was up 8.7% during trading on Friday . The company traded as high as $16.68 and last traded at $16.68. Approximately 1,219 shares traded hands during mid-day trading, an increase of 374% from the average daily volume of 257 shares. The stock had previously closed at $15.34.

China Merchants Port Stock Up 8.7 %

The stock’s 50 day moving average price is $16.70 and its two-hundred day moving average price is $16.17. 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 Company Profile

(Get Free Report)

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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