China Construction Bank (OTCMKTS:CICHY) Reaches New 1-Year High - Still a Buy?

Key Points

• New 52-week high: China Construction Bank reached an intraday high of $22.89 and last traded at $22.8534 on Wednesday with about 4,983 shares changing hands, trading above its 50‑day ($21.18) and 200‑day ($20.56) simple moving averages.
• Valuation and stability indicators show a market cap of $299.47 billion, a low P/E of 6.26 and beta of 0.12, with moderate leverage (debt‑to‑equity 0.73) and tighter liquidity (current and quick ratios 0.87).
• Earnings mixed: Q1 EPS missed at $0.95 versus $0.99 expected while revenue beat at $30.21B (consensus $29.64B); net margin was 26.72%, ROE 9.70%, and analysts project full‑year EPS of 3.86.

China Construction Bank Corp. (OTCMKTS:CICHY - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $22.89 and last traded at $22.8534, with a volume of 4983 shares traded. The stock had previously closed at $22.45.

China Construction Bank Stock Performance

The stock's 50 day simple moving average is $21.18 and its two-hundred day simple moving average is $20.56. The company has a market capitalization of $299.47 billion, a P/E ratio of 6.26 and a beta of 0.12. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.87 and a quick ratio of 0.87.

China Construction Bank (OTCMKTS:CICHY - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.95 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.04). The company had revenue of $30.21 billion for the quarter, compared to the consensus estimate of $29.64 billion. China Construction Bank had a net margin of 26.72% and a return on equity of 9.70%. As a group, research analysts expect that China Construction Bank Corp. will post 3.86 earnings per share for the current 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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