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Industrial and Commercial Bank of China (OTCMKTS:IDCBY) Shares Up 0.9% - Here's Why

Industrial and Commercial Bank of China logo with Finance background

Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY - Get Free Report) traded up 0.9% during trading on Monday . The company traded as high as $12.95 and last traded at $12.48. 68,764 shares were traded during mid-day trading, an increase of 27% from the average session volume of 54,052 shares. The stock had previously closed at $12.37.

Industrial and Commercial Bank of China Stock Performance

The company has a market capitalization of $222.40 billion, a PE ratio of 4.40 and a beta of 0.08. The stock has a 50 day moving average price of $12.38 and a two-hundred day moving average price of $11.85.

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 business had revenue of $27.53 billion for the quarter.

Industrial and Commercial Bank of China Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, February 7th. Investors of record on Friday, January 3rd will be paid a $0.3018 dividend. The ex-dividend date is Friday, January 3rd.

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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