China Construction Bank Co. (OTCMKTS:CICHF – Get Free Report)’s stock price fell 4.8% during trading on Friday. The stock traded as low as $1.20 and last traded at $1.20. Approximately 334,811 shares changed hands during mid-day trading, an increase of 260% from the average daily volume of 93,032 shares. The stock had previously closed at $1.26.
China Construction Bank Stock Performance
The business’s 50 day moving average is $1.18 and its two-hundred day moving average is $1.11.
About China Construction Bank
China Construction Bank Corporation (OTCMKTS:CICHF) is a major Chinese commercial bank headquartered in Beijing. Established in 1954, the bank originally focused on financing construction and infrastructure projects before developing into a broad-based financial institution serving corporations, government entities and individual customers.
The bank provides corporate and institutional banking services, including deposits, lending, project and infrastructure finance, trade finance, cash management and settlement services.
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