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China Construction Bank (OTCMKTS:CICHY) Shares Gap Down - Time to Sell?

China Construction Bank logo with Finance background

China Construction Bank Corp. (OTCMKTS:CICHY - Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $21.37, but opened at $20.59. China Construction Bank shares last traded at $21.52, with a volume of 6,070 shares trading hands.

China Construction Bank Price Performance

The company has a market capitalization of $270.89 billion, a P/E ratio of 6.05 and a beta of 0.18. The company's 50-day moving average price is $18.90 and its two-hundred day moving average price is $17.47. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.88 and a quick ratio of 0.88.

China Construction Bank (OTCMKTS:CICHY - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $25.48 billion during the quarter, compared to the consensus estimate of $194.14 billion. China Construction Bank had a net margin of 24.85% and a return on equity of 10.16%.

China Construction Bank Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 12th. Investors of record on Monday, May 5th were given a dividend of $0.4379 per share. This represents a yield of 10.12%. This is a positive change from China Construction Bank's previous dividend of $0.42. The ex-dividend date of this dividend was Friday, May 2nd. China Construction Bank's dividend payout ratio (DPR) is currently 24.58%.

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.

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