China Construction Bank (CICHY) Projected to Announce Quarterly Earnings on Friday

China Construction Bank (OTCMKTS:CICHY) is anticipated to release its results before the market opens on Friday, March 27th. Analysts expect China Construction Bank to post earnings of $0.8380 per share and revenue of $24.2372 billion for the quarter.

China Construction Bank Stock Performance

Shares of OTCMKTS CICHY opened at $20.92 on Friday. The firm has a fifty day moving average price of $20.23 and a 200-day moving average price of $20.03. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.87 and a quick ratio of 0.87. The stock has a market cap of $273.63 billion, a PE ratio of 5.81 and a beta of 0.13. China Construction Bank has a 1 year low of $15.31 and a 1 year high of $22.27.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of China Construction Bank to a “hold” rating in a report on Monday, December 22nd. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.

China Construction Bank Company Profile

China Construction Bank Corporation (OTCMKTS:CICHY) is one of the largest commercial banks in China, headquartered in Beijing. The bank provides a broad range of banking and financial services to corporate, institutional and individual customers. It is widely recognized as one of the major state-owned banks in China and has played a significant role in financing infrastructure, real estate and corporate development across the country.

CCB’s core business activities include corporate banking, personal banking and treasury operations.