China Construction Bank (OTCMKTS:CICHY) Reaches New 52-Week High – Should You Buy?

China Construction Bank Co. (OTCMKTS:CICHYGet Free Report)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $16.83 and last traded at $16.54, with a volume of 56543 shares changing hands. The stock had previously closed at $16.06.

China Construction Bank Stock Up 3.0 %

The company has a market capitalization of $206.73 billion, a price-to-earnings ratio of 4.56 and a beta of 0.09. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.87 and a current ratio of 0.89. The business’s 50 day moving average is $15.54 and its 200 day moving average is $14.77.

China Construction Bank Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 3rd will be paid a dividend of $0.4178 per share. The ex-dividend date is Friday, January 3rd. China Construction Bank’s payout ratio is currently 22.87%.

About China Construction Bank

(Get Free Report)

China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments.

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