China Construction Bank (OTCMKTS:CICHY) Shares Gap Down – Time to Sell?

Shares of China Construction Bank Corp. (OTCMKTS:CICHY) gapped down prior to trading on Wednesday . The stock had previously closed at $20.96, but opened at $20.07. China Construction Bank shares last traded at $20.89, with a volume of 14,630 shares traded.

China Construction Bank Trading Down 0.5%

The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.85. The stock’s 50 day moving average is $19.90 and its two-hundred day moving average is $19.66. The company has a market capitalization of $260.76 billion, a PE ratio of 5.79 and a beta of 0.20.

China Construction Bank (OTCMKTS:CICHY) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.98 EPS for the quarter, topping the consensus estimate of $0.94 by $0.04. China Construction Bank had a return on equity of 10.06% and a net margin of 24.99%.The firm had revenue of $24.56 billion during the quarter, compared to analyst estimates of $24.44 billion.

About China Construction Bank

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.