Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY - Get Free Report) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 5,400 shares, a growth of 28.6% from the March 15th total of 4,200 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 109,200 shares, the days-to-cover ratio is presently 0.0 days.
Industrial and Commercial Bank of China Price Performance
IDCBY stock traded up $0.12 during mid-day trading on Thursday, reaching $14.05. 22,961 shares of the company's stock were exchanged, compared to its average volume of 49,503. The company has a market cap of $250.38 billion, a price-to-earnings ratio of 5.15 and a beta of 0.08. Industrial and Commercial Bank of China has a 12-month low of $10.38 and a 12-month high of $14.95. The stock's 50 day moving average is $13.97 and its 200 day moving average is $13.06. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.92 and a quick ratio of 0.92.
Industrial and Commercial Bank of China (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 analysts' consensus estimates of $0.74 by ($0.02). The company had revenue of $25.31 billion during the quarter, compared to analyst estimates of $199.75 billion. Industrial and Commercial Bank of China had a net margin of 23.22% and a return on equity of 9.37%.
About Industrial and Commercial Bank of China
(
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.
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