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Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY) Hits New 12-Month High - What's Next?

Industrial & Commercial Bank of China Ltd. logo with Finance background

Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY - Get Free Report)'s share price hit a new 52-week high during trading on Friday . The stock traded as high as $15.77 and last traded at $15.73, with a volume of 553 shares. The stock had previously closed at $15.39.

Industrial & Commercial Bank of China Ltd. Stock Up 1.5%

The company has a market cap of $284.77 billion, a P/E ratio of 5.94 and a beta of 0.14. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.91 and a quick ratio of 0.91. The stock has a fifty day moving average price of $14.40 and a two-hundred day moving average price of $13.81.

Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY - Get Free Report) last released 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 analysts' expectations of $199.75 billion. Industrial & Commercial Bank of China Ltd. had a net margin of 23.38% and a return on equity of 9.12%.

About Industrial & Commercial Bank of China Ltd.

(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.

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