China Construction Bank Co. (OTCMKTS:CICHY - Get Free Report) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 23,500 shares, a drop of 60.4% from the December 31st total of 59,300 shares. Based on an average daily volume of 114,400 shares, the short-interest ratio is currently 0.2 days.
China Construction Bank Stock Performance
China Construction Bank stock traded up $0.06 during midday trading on Thursday, reaching $16.42. 95,685 shares of the company's stock were exchanged, compared to its average volume of 79,215. The stock's 50-day simple moving average is $15.79 and its 200 day simple moving average is $15.08. China Construction Bank has a 52 week low of $11.60 and a 52 week high of $16.96. The firm has a market cap of $205.26 billion, a price-to-earnings ratio of 4.52 and a beta of 0.06.
China Construction Bank (OTCMKTS:CICHY - Get Free Report) last announced its earnings results on Wednesday, October 30th. The company reported $0.98 EPS for the quarter. China Construction Bank had a net margin of 24.10% and a return on equity of 10.44%. The business had revenue of $47.02 billion during the quarter.
China Construction Bank Cuts Dividend
The business also recently declared a dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 3rd will be paid a $0.4178 dividend. The ex-dividend date is Friday, January 3rd. China Construction Bank's dividend payout ratio (DPR) is presently 23.14%.
China Construction Bank Company Profile
(
Get Free Report)
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.
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