Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY - Get Free Report)'s share price reached a new 52-week high on Tuesday . The company traded as high as $14.96 and last traded at $14.52, with a volume of 28028 shares. The stock had previously closed at $14.47.
Industrial and Commercial Bank of China Stock Performance
The business has a fifty day simple moving average of $13.86 and a two-hundred day simple moving average of $13.39. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.92 and a quick ratio of 0.92. The company has a market cap of $258.75 billion, a PE ratio of 5.32 and a beta of 0.12.
Industrial and Commercial Bank of China (OTCMKTS:IDCBY - Get Free Report) last issued its quarterly earnings data on Friday, March 28th. The company reported $0.72 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.02). The business had revenue of $25.31 billion for the quarter, compared to analysts' expectations 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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
