ValuEngine Lowers Industrial & Cmrcl Bnk f China (OTCMKTS:IDCBY) to Sell

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ValuEngine lowered shares of Industrial & Cmrcl Bnk f China (OTCMKTS:IDCBY) from a hold rating to a sell rating in a research report released on Friday morning, ValuEngine reports.

Shares of Industrial & Cmrcl Bnk f China stock opened at $14.04 on Friday. Industrial & Cmrcl Bnk f China has a one year low of $12.88 and a one year high of $15.82. The firm has a market capitalization of $249.66 billion, a P/E ratio of 5.64 and a beta of 1.02. The stock’s 50-day moving average is $14.41.

The business also recently disclosed an annual dividend, which will be paid on Wednesday, August 7th. Stockholders of record on Tuesday, June 25th will be given a dividend of $0.601 per share. This represents a dividend yield of 4.14%. The ex-dividend date is Monday, June 24th.

About Industrial & Cmrcl Bnk f China

Industrial and Commercial Bank of China Limited provides various banking products and services primarily in China and internationally. It operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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