China Construction Bank Corp. (OTCMKTS:CICHY - Get Free Report) was the target of a significant increase in short interest in May. As of May 31st, there was short interest totalling 19,600 shares, an increase of 51.9% from the May 15th total of 12,900 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 77,200 shares, the short-interest ratio is presently 0.3 days.
China Construction Bank Price Performance
CICHY traded down $0.02 during midday trading on Thursday, hitting $19.38. 35,056 shares of the company traded hands, compared to its average volume of 48,255. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $242.26 billion, a price-to-earnings ratio of 5.41 and a beta of 0.14. China Construction Bank has a 52-week low of $13.34 and a 52-week high of $19.86. The business has a 50 day simple moving average of $17.72 and a two-hundred day simple moving average of $16.92.
China Construction Bank (OTCMKTS:CICHY - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.06). China Construction Bank had a return on equity of 10.16% and a net margin of 24.85%. The business had revenue of $25.48 billion during the quarter, compared to analysts' expectations of $194.14 billion.
China Construction Bank Increases Dividend
The company also recently announced a dividend, which was paid on Thursday, June 12th. Shareholders of record on Monday, May 5th were paid a dividend of $0.4379 per share. The ex-dividend date was Friday, May 2nd. This is an increase from China Construction Bank's previous dividend of $0.42. This represents a yield of 10.12%. China Construction Bank's payout ratio is 24.58%.
China Construction Bank Company Profile
(
Get Free Report)
China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments.
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