Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY - Get Free Report) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 5,000 shares, a decline of 90.9% from the April 30th total of 55,000 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 82,100 shares, the short-interest ratio is presently 0.1 days.
Industrial and Commercial Bank of China Price Performance
Shares of IDCBY traded up $0.03 during mid-day trading on Friday, hitting $14.44. The company's stock had a trading volume of 40,203 shares, compared to its average volume of 46,842. The firm has a 50-day moving average price of $13.87 and a 200 day moving average price of $13.44. The stock has a market capitalization of $257.33 billion, a price-to-earnings ratio of 5.29 and a beta of 0.12. 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 has a fifty-two week low of $10.38 and a fifty-two week high of $14.96.
Industrial and Commercial Bank of China (OTCMKTS:IDCBY - Get Free Report) last released its quarterly earnings data on Friday, March 28th. The company reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.02). The company had revenue of $25.31 billion during the quarter, compared to analyst estimates of $199.75 billion. Industrial and Commercial Bank of China had a net margin of 23.22% and a return on equity of 9.37%.
Industrial and Commercial Bank of China Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Industrial and Commercial Bank of China, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Industrial and Commercial Bank of China wasn't on the list.
While Industrial and Commercial Bank of China currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
