Industrial and Commercial Bank of China Limited (OTCMKTS: IDCBY – Get a rating) experienced a significant decline in short-term interest during the month of April. As of April 30, there was short interest totaling 94,900 shares, down 18.5% from the April 15 total of 116,400 shares. Based on an average daily volume of 141,500 shares, the short interest rate is currently 0.7 days.
IDCBY Stock traded down $0.08 in midday trading on Tuesday, hitting $11.57. 65,979 shares of the company were traded, against an average volume of 83,861. The Industrial and Commercial Bank of China has a 12-month low of $10.33 and a 12-month high of $13.19. The company has a quick ratio of 0.92, a current ratio of 0.92 and a leverage ratio of 1.20. The stock has a market capitalization of $206.09 billion, a price-earnings ratio of 3.96 and a beta of 0.31. The company has a 50-day simple moving average of $11.87 and a 200-day simple moving average of $11.63.
Industrial and Commercial Bank of China (OTCMKTS: IDCBY – Get a rating) last released its quarterly earnings data on Wednesday, March 30. The company reported earnings per share of $0.81 for the quarter. Industrial and Commercial Bank of China achieved a return on equity of 11.39% and a net margin of 26.38%. The company had revenue of $33.94 billion in the quarter.
Industrial and Commercial Bank of China Company Profile (Get a rating)
Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People’s Republic of China and overseas. It operates through Corporate Banking, Personal Banking and Treasury Operations segments. The Corporate Banking segment offers financial products and services to businesses, government agencies and financial institutions.
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