China Construction Bank Corp. (OTCMKTS:CICHY - Get Free Report)'s stock price reached a new 52-week high on Thursday . The stock traded as high as $21.54 and last traded at $21.54, with a volume of 1907 shares trading hands. The stock had previously closed at $20.85.
China Construction Bank Stock Performance
The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.73. The firm has a 50-day simple moving average of $18.90 and a two-hundred day simple moving average of $17.47. The company has a market capitalization of $267.14 billion, a price-to-earnings ratio of 5.97 and a beta of 0.18.
China Construction Bank (OTCMKTS:CICHY - Get Free Report) last issued its 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). China Construction Bank had a return on equity of 10.16% and a net margin of 24.85%. The firm had revenue of $25.48 billion during the quarter, compared to analyst estimates of $194.14 billion.
China Construction Bank Increases Dividend
The business also recently announced a dividend, which was paid on Thursday, June 12th. Investors of record on Monday, May 5th were issued a $0.4379 dividend. This is a positive change from China Construction Bank's previous dividend of $0.42. This represents a yield of 10.12%. The ex-dividend date of this dividend was Friday, May 2nd. China Construction Bank's payout ratio is 24.58%.
About China Construction Bank
(
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 Articles
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 best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.