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China Construction Bank (OTCMKTS:CICHY) Hits New 12-Month High - What's Next?

China Construction Bank logo with Finance background

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.

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