China Construction Bank (OTCMKTS:CICHY) Shares Gap Down – Here’s Why

China Construction Bank Corp. (OTCMKTS:CICHY – Get Free Report)’s stock price gapped down before the market opened on Friday. The stock had previously closed at $24.55, but opened at $23.80. China Construction Bank shares last traded at $24.28, with a volume of 5,776 shares traded.

China Construction Bank Stock Down 1.1%

The stock has a market cap of $317.71 billion, a P/E ratio of 6.53 and a beta of 0.11. The company’s 50 day moving average price is $23.49 and its two-hundred day moving average price is $22.27.

China Construction Bank Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for China Construction Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Construction Bank and related companies with MarketBeat.com's FREE daily email newsletter.