Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY - Get Free Report) saw a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 15,600 shares, a decline of 58.3% from the January 31st total of 37,400 shares. Based on an average daily trading volume, of 56,600 shares, the short-interest ratio is currently 0.3 days.
Industrial and Commercial Bank of China Stock Down 0.6 %
OTCMKTS IDCBY traded down $0.09 during trading on Friday, reaching $14.13. 40,550 shares of the company's stock were exchanged, compared to its average volume of 37,786. The stock has a market cap of $251.80 billion, a P/E ratio of 5.18 and a beta of 0.07. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.92 and a current ratio of 0.92. The company has a 50 day moving average price of $13.47 and a two-hundred day moving average price of $12.44. Industrial and Commercial Bank of China has a 1 year low of $9.63 and a 1 year high of $14.95.
Industrial and Commercial Bank of China Cuts Dividend
The firm also recently declared a dividend, which was paid on Friday, February 7th. Shareholders of record on Friday, January 3rd were issued a dividend of $0.3018 per share. The ex-dividend date of this dividend was Friday, January 3rd. Industrial and Commercial Bank of China's dividend payout ratio (DPR) is 22.34%.
Industrial and Commercial Bank of China Company Profile
(
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.
Further Reading
Before you consider Industrial and Commercial Bank of China, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Industrial and Commercial Bank of China wasn't on the list.
While Industrial and Commercial Bank of China currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
