Shares of Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY - Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $15.00 and last traded at $14.99, with a volume of 52797 shares trading hands. The stock had previously closed at $14.83.
Industrial and Commercial Bank of China Stock Performance
The firm has a market cap of $266.59 billion, a price-to-earnings ratio of 5.48 and a beta of 0.14. The stock has a 50 day moving average of $13.93 and a 200 day moving average of $13.55. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.66.
Industrial and Commercial Bank of China (OTCMKTS:IDCBY - Get Free Report) last posted its quarterly earnings results on Friday, March 28th. The company reported $0.72 EPS for the quarter, missing analysts' consensus estimates 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%.
About Industrial and Commercial Bank of China
(
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 & Commercial Bank of China Ltd., 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 & Commercial Bank of China Ltd. wasn't on the list.
While Industrial & Commercial Bank of China Ltd. currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
