China Construction Bank (OTCMKTS:CICHY) Reaches New 1-Year High – Here’s What Happened

Shares of China Construction Bank Corp. (OTCMKTS:CICHYGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $24.17 and last traded at $24.17, with a volume of 1188 shares. The stock had previously closed at $23.12.

China Construction Bank Price Performance

The business has a 50-day moving average of $22.04 and a 200 day moving average of $21.70. The company has a market cap of $316.39 billion, a PE ratio of 6.61 and a beta of 0.11.

About China Construction Bank

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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.

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