China Construction Bank (OTCMKTS:CICHY) Shares Gap Down – What’s Next?

China Construction Bank Corp. (OTCMKTS:CICHY)’s share price 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 trading hands.

China Construction Bank Trading Down 0.5%

The firm has a market capitalization of $260.76 billion, a price-to-earnings ratio of 5.79 and a beta of 0.20. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.95 and a current ratio of 0.95. The company has a 50 day moving average price of $19.90 and a two-hundred day moving average price of $19.66.

China Construction Bank (OTCMKTS:CICHY) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.04. The company had revenue of $24.56 billion for the quarter, compared to analysts’ expectations of $24.44 billion. China Construction Bank had a return on equity of 10.06% and a net margin of 24.99%.

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.