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

China Minsheng (OTCMKTS:CMAKY) reached a new 52-week low during trading on Monday . The stock traded as low as $4.06 and last traded at $4.06, with a volume of 1019 shares changing hands. The stock had previously closed at $4.7010.

China Minsheng Price Performance

The company’s fifty day moving average is $4.55 and its 200 day moving average is $4.82. The stock has a market cap of $17.78 billion, a PE ratio of 4.72 and a beta of 0.28.

China Minsheng (OTCMKTS:CMAKY) last posted its quarterly earnings results on Monday, March 30th. The company reported $0.06 EPS for the quarter. China Minsheng had a net margin of 11.70% and a return on equity of 4.23%. The firm had revenue of $4.03 billion for the quarter. Equities analysts expect that China Minsheng will post 0.91 EPS for the current 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.