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

Key Points

• China Construction Bank shares gapped down from $21.13 to $20.06 before trading, ending at $20.83 with a trading volume of 396,413 shares.
• The bank reported quarterly earnings of $0.91 EPS, which missed analysts' expectations of $0.97 by $0.06, alongside revenue of $25.48 billion versus expectations of $194.14 billion.
• With a market cap of $260.26 billion and a PE ratio of 5.82, the company is showing a net margin of 24.85% and a return on equity of 10.11%.

China Construction Bank Corp. (OTCMKTS:CICHY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $21.13, but opened at $20.06. China Construction Bank shares last traded at $20.83, with a volume of 396,413 shares trading hands.

China Construction Bank Stock Performance

The business's fifty day moving average price is $20.02 and its 200-day moving average price is $18.00. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a market cap of $250.01 billion, a PE ratio of 5.59 and a beta of 0.19.

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). China Construction Bank had a return on equity of 10.11% and a net margin of 24.85%. The business had revenue of $25.48 billion during the quarter, compared to the consensus estimate of $194.14 billion.

About China Construction Bank

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.