China Construction Bank Corp. (OTCMKTS:CICHY – Get Free Report) was the recipient of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 55,133 shares, a decrease of 68.7% from the April 15th total of 176,000 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 167,278 shares, the short-interest ratio is currently 0.3 days.
China Construction Bank Trading Down 1.8%
Shares of OTCMKTS:CICHY opened at $22.28 on Friday. The stock has a market capitalization of $291.42 billion, a PE ratio of 6.09 and a beta of 0.12. China Construction Bank has a 1 year low of $17.01 and a 1 year high of $23.00. The firm has a fifty day moving average price of $21.54 and a 200 day moving average price of $20.70. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.73.
China Construction Bank (OTCMKTS:CICHY – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.04). The business had revenue of $30.21 billion during the quarter, compared to the consensus estimate of $29.64 billion. China Construction Bank had a return on equity of 9.70% and a net margin of 26.72%. Analysts expect that China Construction Bank will post 3.86 EPS for the current fiscal year.
About China Construction Bank
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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