Industrial and Commercial Bank of China (OTCMKTS:IDCBY) Trading Up 2%

Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY)’s stock price traded up 2% during trading on Tuesday . The company traded as high as $11.12 and last traded at $11.09. 91,979 shares traded hands during trading, an increase of 51% from the average session volume of 60,809 shares. The stock had previously closed at $10.87.

Industrial and Commercial Bank of China Trading Up 2.0 %

The company has a market cap of $197.63 billion, a price-to-earnings ratio of 3.85 and a beta of 0.12. The business has a 50-day moving average price of $11.21 and a 200 day moving average price of $11.01.

Industrial and Commercial Bank of China (OTCMKTS:IDCBY) last released its earnings results on Friday, August 30th. The company reported $0.64 earnings per share (EPS) for the quarter. The company had revenue of $26.49 billion during the quarter.

Industrial and Commercial Bank of China Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Tuesday, July 9th were issued a dividend of $0.6897 per share. The ex-dividend date of this dividend was Tuesday, July 9th.

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.