Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY - Get Free Report)'s stock price gapped down before the market opened 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 traded.
Industrial & Commercial Bank of China Ltd. Price Performance
The stock has a market capitalization of $274.25 billion, a P/E ratio of 5.72 and a beta of 0.14. The business's 50 day simple moving average is $14.31 and its two-hundred day simple moving average is $13.74. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.70.
Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY - Get Free Report) last announced its quarterly earnings results 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 business had revenue of $25.31 billion during the quarter, compared to the consensus estimate 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.
(
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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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