China Minsheng (OTCMKTS:CMAKY) Hits New 1-Year Low – Should You Sell?

China Minsheng (OTCMKTS:CMAKY)’s share price hit a new 52-week low during trading on Friday . The stock traded as low as $4.04 and last traded at $4.04, with a volume of 15001 shares. The stock had previously closed at $4.2250.

China Minsheng Stock Performance

The stock’s fifty day simple moving average is $4.41 and its two-hundred day simple moving average is $4.70. The company has a market capitalization of $17.69 billion, a price-to-earnings ratio of 4.70 and a beta of 0.28.

China Minsheng (OTCMKTS:CMAKY) last announced its quarterly earnings data on Monday, March 30th. The company reported $0.06 earnings per share (EPS) for the quarter. China Minsheng had a net margin of 11.70% and a return on equity of 4.23%. The company had revenue of $4.03 billion for the quarter. On average, equities analysts anticipate that China Minsheng will post 0.91 EPS for the current fiscal year.

China Minsheng Company Profile

China Minsheng Banking Corp., Ltd. (OTCMKTS: CMAKY) is a commercial bank that provides a broad range of banking and financial services to corporate and individual customers in the People’s Republic of China. The bank’s product suite encompasses corporate lending, small- and medium-sized enterprise (SME) finance, retail banking products such as deposits and consumer loans, as well as trade finance and cash-management services for businesses.

In addition to traditional lending and deposit-taking, China Minsheng offers treasury and capital markets services, wealth management and private banking solutions, and asset-management products.