China Construction Bank (OTCMKTS:CICHY) Reaches New 12-Month High – What’s Next?

China Construction Bank Corp. (OTCMKTS:CICHYGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $25.44 and last traded at $25.02, with a volume of 7483 shares traded. The stock had previously closed at $24.76.

China Construction Bank Stock Down 3.2%

The stock’s 50-day moving average price is $22.96 and its 200 day moving average price is $22.04. The firm has a market cap of $320.46 billion, a price-to-earnings ratio of 6.59 and a beta of 0.11.

About China Construction Bank

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China Construction Bank Corporation is a major Chinese commercial bank headquartered in Beijing. Established in 1954, the bank was originally created to manage government construction-related expenditures before evolving into a full-service commercial banking institution. It serves individual, corporate and institutional customers in China and selected international markets.

China Construction Bank provides a broad range of financial products and services, including corporate and personal deposits, loans, credit cards, payment and settlement services, wealth management, investment banking, and electronic banking.

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