Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY - Get Free Report) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 35,100 shares, a growth of 550.0% from the March 31st total of 5,400 shares. Based on an average daily trading volume, of 129,100 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company's stock are sold short.
Industrial and Commercial Bank of China Stock Up 0.2 %
OTCMKTS IDCBY traded up $0.04 during trading on Friday, hitting $14.09. 33,499 shares of the company traded hands, compared to its average volume of 49,297. The company has a market capitalization of $251.00 billion, a P/E ratio of 5.16 and a beta of 0.08. The business has a fifty day simple moving average of $13.95 and a 200 day simple moving average of $13.09. Industrial and Commercial Bank of China has a 12 month low of $10.38 and a 12 month high of $14.95. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.66.
Industrial and Commercial Bank of China (OTCMKTS:IDCBY - Get Free Report) last announced its earnings results on Friday, March 28th. The company reported $0.72 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.02). Industrial and Commercial Bank of China had a return on equity of 9.37% and a net margin of 23.22%. The company had revenue of $25.31 billion for the quarter, compared to the consensus estimate of $199.75 billion.
About Industrial and Commercial Bank of China
(
Get Free Report)
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.
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