China Const Bk (CICHY) Cut to “Hold” at ValuEngine

China Const Bk (OTCMKTS:CICHY) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday.

Shares of China Const Bk stock traded down $0.50 during trading on Thursday, reaching $20.70. The company’s stock had a trading volume of 57,747 shares, compared to its average volume of 116,651. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.36. China Const Bk has a one year low of $15.10 and a one year high of $23.35. The stock has a market capitalization of $24.96 billion, a price-to-earnings ratio of 7.58 and a beta of 1.34.

China Const Bk Company Profile

China Construction Bank Corporation provides various banking and related financial services in the People's Republic of China. It operates through Corporate Banking, Personal Banking, and Treasury Business segments. The company offers personal banking products and services, such as foreign currency deposits, all in one accounts, and RMB deposits; personal business loans, personal car loans, and personal housing loans; physical gold for personal investment and personal gold account; credit cards; foreign exchange services; certificate treasury and savings bonds, securities deposit accounts, and securities services, as well as bank-securities transfer and book-entry treasury bond over the counter services; and wealth management products.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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