China Minsheng (OTCMKTS:CMAKY) Shares Gap Down – Should You Sell?

China Minsheng (OTCMKTS:CMAKY)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $5.65, but opened at $4.50. China Minsheng shares last traded at $4.50, with a volume of 255 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research raised shares of China Minsheng from a “strong sell” rating to a “hold” rating in a research note on Friday, November 7th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

China Minsheng Stock Performance

The business has a fifty day moving average of $5.31 and a 200 day moving average of $5.56. The company has a market cap of $19.70 billion, a P/E ratio of 5.11 and a beta of 0.25. The company has a quick ratio of 0.89, a current ratio of 0.87 and a debt-to-equity ratio of 1.24.

China Minsheng (OTCMKTS:CMAKY) last issued its quarterly earnings data on Friday, October 31st. The company reported $0.20 earnings per share (EPS) for the quarter. China Minsheng had a net margin of 11.27% and a return on equity of 4.49%. The business had revenue of $5.05 billion for the quarter.

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.