China Construction Bank (OTCMKTS:CICHY) Hits New 12-Month High – Here’s Why

China Construction Bank Corp. (OTCMKTS:CICHYGet Free Report) shares reached a new 52-week high on Monday . The stock traded as high as $25.44 and last traded at $25.02, with a volume of 7483 shares. The stock had previously closed at $24.76.

China Construction Bank Stock Up 2.0%

The firm has a market cap of $330.27 billion, a P/E ratio of 6.79 and a beta of 0.11. The business’s 50 day moving average is $22.76 and its two-hundred day moving average is $21.98.

About China Construction Bank

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China Construction Bank Corporation is a major Chinese commercial bank headquartered in Beijing. Established in 1954, the bank was originally created to manage government construction-related expenditures before evolving into a full-service commercial banking institution. It serves individual, corporate and institutional customers in China and selected international markets.

China Construction Bank provides a broad range of financial products and services, including corporate and personal deposits, loans, credit cards, payment and settlement services, wealth management, investment banking, and electronic banking.

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