Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY - Get Free Report) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 35,100 shares, a growth of 550.0% from the March 31st total of 5,400 shares. Based on an average daily volume of 129,100 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company's shares are sold short.
Industrial and Commercial Bank of China Trading Down 1.1 %
OTCMKTS IDCBY traded down $0.16 on Thursday, reaching $13.62. The company had a trading volume of 51,812 shares, compared to its average volume of 49,098. The firm has a market cap of $242.71 billion, a price-to-earnings ratio of 4.99 and a beta of 0.08. Industrial and Commercial Bank of China has a fifty-two week low of $10.38 and a fifty-two week high of $14.95. The business has a 50 day moving average of $13.92 and a two-hundred day moving average of $13.13. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.92 and a quick ratio of 0.92.
Industrial and Commercial Bank of China (OTCMKTS:IDCBY - Get Free Report) last posted its quarterly earnings data on Friday, March 28th. The company reported $0.72 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by ($0.02). Industrial and Commercial Bank of China had a net margin of 23.22% and a return on equity of 9.37%. The company had revenue of $25.31 billion during the quarter, compared to analyst estimates of $199.75 billion.
About Industrial and Commercial Bank of China
(
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Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions.
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