Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY - Get Free Report)'s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $15.42, but opened at $14.92. Industrial & Commercial Bank of China Ltd. shares last traded at $15.40, with a volume of 696 shares trading hands.
Industrial & Commercial Bank of China Ltd. Stock Performance
The firm has a market cap of $280.67 billion, a price-to-earnings ratio of 5.86 and a beta of 0.14. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.70. The stock has a fifty day moving average price of $14.40 and a 200-day moving average price of $13.79.
Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY - Get Free Report) last posted its quarterly earnings results 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 & Commercial Bank of China Ltd. had a net margin of 23.38% and a return on equity of 9.12%. The business had revenue of $25.31 billion during the quarter, compared to analysts' expectations of $199.75 billion.
Industrial & Commercial Bank of China Ltd. 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
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
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
