China Construction Bank (OTCMKTS:CICHY) Trading Down 1.8% – What’s Next?

China Construction Bank Corp. (OTCMKTS:CICHY)’s stock price traded down 1.8% on Tuesday . The company traded as low as $18.9640 and last traded at $19.04. 53,466 shares were traded during mid-day trading, a decline of 17% from the average session volume of 64,363 shares. The stock had previously closed at $19.39.

China Construction Bank Stock Performance

The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.87 and a current ratio of 0.87. The company has a market cap of $238.01 billion, a P/E ratio of 5.29 and a beta of 0.11. The firm has a 50 day moving average price of $20.30 and a 200-day moving average price of $20.07.

China Construction Bank (OTCMKTS:CICHY) last posted its earnings results on Thursday, October 30th. The company reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.04. China Construction Bank had a return on equity of 9.81% and a net margin of 25.63%.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.