China Merchants Holdings International (OTCMKTS:CMHHY) Shares Gap Down – Here’s Why

China Merchants Holdings International Co. (OTCMKTS:CMHHY)’s share price gapped down prior to trading on Tuesday. The stock had previously closed at $24.45, but opened at $21.8750. China Merchants Holdings International shares last traded at $21.8750, with a volume of 183 shares changing hands.

China Merchants Holdings International Price Performance

The company has a debt-to-equity ratio of 0.07, a current ratio of 0.70 and a quick ratio of 0.69. The business has a 50 day moving average price of $21.05 and a two-hundred day moving average price of $19.59.

About China Merchants Holdings International

China Merchants Holdings International Company Limited was a Hong Kong-based infrastructure and transportation company focused primarily on port operations and related logistics services. The company developed, operated, and invested in container terminals, bulk cargo terminals, and other port facilities, supporting the movement of goods through major trade routes.

Its port and terminal interests have included locations in mainland China and overseas markets. The company also participated in port-related logistics, including cargo handling, warehousing, and transportation services, as well as investments connected with port infrastructure and supply-chain operations.

China Merchants Holdings International changed its name to China Merchants Port Holdings Company Limited in 2016.