China Construction Bank Co. (OTCMKTS:CICHY - Get Free Report) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 125,200 shares, an increase of 1,797.0% from the March 31st total of 6,600 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 182,800 shares, the days-to-cover ratio is presently 0.7 days.
China Construction Bank Trading Down 2.7 %
OTCMKTS:CICHY traded down $0.48 during trading hours on Wednesday, hitting $17.00. The company had a trading volume of 75,340 shares, compared to its average volume of 72,303. China Construction Bank has a 1 year low of $12.90 and a 1 year high of $18.59. The company has a 50-day moving average of $17.16 and a 200 day moving average of $16.30. The company has a market cap of $212.51 billion, a P/E ratio of 4.68 and a beta of 0.07.
China Construction Bank (OTCMKTS:CICHY - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.06). The firm had revenue of $25.48 billion during the quarter, compared to analysts' expectations of $194.14 billion. China Construction Bank had a net margin of 24.10% and a return on equity of 10.44%.
China Construction Bank Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, June 12th. Stockholders of record on Monday, May 5th will be paid a $0.4379 dividend. This represents a dividend yield of 10.12%. The ex-dividend date is Friday, May 2nd. This is a positive change from China Construction Bank's previous dividend of $0.42. China Construction Bank's dividend payout ratio is 23.84%.
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.
Featured Stories
Before you consider China Construction Bank, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and China Construction Bank wasn't on the list.
While China Construction Bank currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
