China Construction Bank (OTCMKTS:CICHY) Trading Up 0.1% – Here’s Why

Shares of China Construction Bank Corp. (OTCMKTS:CICHYGet Free Report) rose 0.1% during trading on Friday . The company traded as high as $20.9480 and last traded at $20.92. Approximately 33,635 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 76,969 shares. The stock had previously closed at $20.90.

China Construction Bank Trading Up 0.1%

The company has a market cap of $261.51 billion, a P/E ratio of 5.81 and a beta of 0.20. The business’s 50-day moving average price is $19.65 and its 200 day moving average price is $19.43. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.95 and a current ratio of 0.95.

China Construction Bank (OTCMKTS:CICHYGet Free Report) last issued its earnings results on Thursday, October 30th. The company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.04. The business had revenue of $24.56 billion during the quarter, compared to the consensus estimate of $24.44 billion. China Construction Bank had a net margin of 24.99% and a return on equity of 10.06%.

China Construction Bank Company Profile

(Get Free Report)

China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments.

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