Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $16.36, but opened at $15.47. Industrial & Commercial Bank of China Ltd. shares last traded at $16.24, with a volume of 22,231 shares changing hands.
Industrial & Commercial Bank of China Ltd. Trading Down 2.4%
The stock's fifty day simple moving average is $14.66 and its 200 day simple moving average is $13.95. The firm has a market capitalization of $280.14 billion, a PE ratio of 5.84 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.
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 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $25.31 billion for the quarter, compared to the consensus estimate 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.
See Also
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
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.
