China Merchants Port (OTCMKTS:CMHHY) Sets New 1-Year Low – Should You Sell?

China Merchants Port Holdings Company Limited (OTCMKTS:CMHHYGet Free Report) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as $16.18 and last traded at $16.18, with a volume of 201 shares. The stock had previously closed at $18.01.

China Merchants Port Price Performance

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 firm’s 50 day moving average is $15.76 and its 200-day moving average is $14.77.

China Merchants Port Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, December 5th. Shareholders of record on Wednesday, September 25th will be issued 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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