Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY – Get Free Report) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totalling 5,900 shares, a drop of 59.0% from the June 30th total of 14,400 shares. Based on an average daily volume of 138,600 shares, the short-interest ratio is currently 0.0 days.
Industrial and Commercial Bank of China Stock Down 0.6 %
OTCMKTS:IDCBY opened at $11.04 on Friday. Industrial and Commercial Bank of China has a 12-month low of $8.50 and a 12-month high of $12.15. The firm has a market capitalization of $196.74 billion, a price-to-earnings ratio of 3.97 and a beta of 0.13. The stock’s 50 day moving average price is $11.44 and its two-hundred day moving average price is $10.62.
Industrial and Commercial Bank of China (OTCMKTS:IDCBY – Get Free Report) last announced its quarterly earnings results on Monday, April 29th. The company reported $0.67 earnings per share (EPS) for the quarter. The business had revenue of $29.35 billion for the quarter.
Industrial and Commercial Bank of China Cuts Dividend
About Industrial and Commercial Bank of China
Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. The company 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.
See Also
- Five stocks we like better than Industrial and Commercial Bank of China
- Why Are These Companies Considered Blue Chips?
- Why Call Options Volume for These 2 Stocks Spiked Together
- Stock Market Upgrades: What Are They?
- MarketBeat Week in Review – 7/22 – 7/26
- Health Care Stocks Explained: Why You Might Want to Invest
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
Receive News & Ratings for Industrial and Commercial Bank of China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Industrial and Commercial Bank of China and related companies with MarketBeat.com's FREE daily email newsletter.