China Construction Bank Co. (OTCMKTS:CICHY - Get Free Report) was the recipient of a large increase in short interest during the month of 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. Based on an average daily volume of 77,200 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company's stock are sold short.
China Construction Bank Price Performance
OTCMKTS CICHY opened at $19.32 on Monday. The stock's fifty day moving average price is $17.49 and its 200 day moving average price is $16.85. China Construction Bank has a 1 year low of $13.34 and a 1 year high of $19.56. The company has a market cap of $241.51 billion, a price-to-earnings ratio of 5.32 and a beta of 0.14.
China Construction Bank (OTCMKTS:CICHY - Get Free Report) last announced 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). The company had revenue of $25.48 billion for the quarter, compared to analyst estimates of $194.14 billion. China Construction Bank had a return on equity of 10.44% and a net margin of 24.10%.
China Construction Bank Increases Dividend
The business also recently declared a dividend, which was paid on Thursday, June 12th. Investors of record on Monday, May 5th were paid a $0.4379 dividend. The ex-dividend date of this dividend was Friday, May 2nd. This is a positive change from China Construction Bank's previous dividend of $0.42. This represents a yield of 10.12%. China Construction Bank's dividend payout ratio (DPR) is currently 24.30%.
About China Construction Bank
(
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider China Construction Bank, 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 China Construction Bank wasn't on the list.
While China Construction Bank currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
