Shares of China Construction Bank Corp. (OTCMKTS:CICHY – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $19.96, but opened at $21.00. China Construction Bank shares last traded at $21.00, with a volume of 12,455 shares.
China Construction Bank Price Performance
The firm has a 50 day moving average price of $21.89 and a 200-day moving average price of $21.03. The firm has a market cap of $269.32 billion, a price-to-earnings ratio of 5.63 and a beta of 0.12.
China Construction Bank (OTCMKTS:CICHY – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.95 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.04). China Construction Bank had a return on equity of 9.70% and a net margin of 26.72%.The firm had revenue of $30.21 billion for the quarter, compared to the consensus estimate of $29.64 billion. On average, sell-side analysts expect that China Construction Bank Corp. will post 3.94 EPS for the current fiscal year.
China Construction Bank Company Profile
China Construction Bank Corporation (OTCMKTS:CICHY) is one of the largest commercial banks in China, headquartered in Beijing. The bank provides a broad range of banking and financial services to corporate, institutional and individual customers. It is widely recognized as one of the major state-owned banks in China and has played a significant role in financing infrastructure, real estate and corporate development across the country.
CCB’s core business activities include corporate banking, personal banking and treasury operations.
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