Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY - Get Free Report) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 39,900 shares, an increase of 27.1% from the December 15th total of 31,400 shares. Based on an average trading volume of 86,300 shares, the days-to-cover ratio is presently 0.5 days.
Industrial and Commercial Bank of China Stock Down 0.6 %
Shares of IDCBY stock traded down $0.08 during trading hours on Friday, reaching $12.67. The company had a trading volume of 47,979 shares, compared to its average volume of 37,866. Industrial and Commercial Bank of China has a 12 month low of $9.00 and a 12 month high of $13.60. The business has a fifty day simple moving average of $12.40 and a 200-day simple moving average of $11.87.
Industrial and Commercial Bank of China (OTCMKTS:IDCBY - Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.70 earnings per share for the quarter. The company had revenue of $27.53 billion for the quarter.
Industrial and Commercial Bank of China Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, February 7th. Stockholders of record on Friday, January 3rd will be given a $0.3018 dividend. The ex-dividend date is Friday, January 3rd.
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
