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

China Construction Bank (OTCMKTS:CICHY) is expected to be posting 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 Up 0.6%

CICHY opened at $20.25 on Wednesday. China Construction Bank has a 12 month low of $15.31 and a 12 month high of $22.27. The company has a market cap of $264.87 billion, a PE ratio of 5.63 and a beta of 0.13. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.73. The company has a 50 day moving average of $20.26 and a 200 day moving average of $20.05.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded China Construction Bank to a “hold” rating in a research report on Monday, December 22nd. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

About China Construction Bank

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.