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

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

China Construction Bank Stock Up 2.0%

Shares of CICHY opened at $20.66 on Thursday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.87 and a current ratio of 0.87. China Construction Bank has a 52 week low of $15.31 and a 52 week high of $22.27. The stock has a market capitalization of $270.23 billion, a price-to-earnings ratio of 5.74 and a beta of 0.13. The stock has a fifty day moving average of $20.28 and a 200-day moving average of $20.05.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded China Construction Bank to a “hold” rating in a research report on Monday, December 22nd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus 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.