Industrial & Cmrcl Bnk f China (OTCMKTS:IDCBY) Stock Rating Lowered by ValuEngine

Industrial & Cmrcl Bnk f China (OTCMKTS:IDCBY) was downgraded by stock analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday, ValuEngine reports.

OTCMKTS IDCBY traded up $0.13 on Tuesday, hitting $13.87. 37,221 shares of the company were exchanged, compared to its average volume of 61,849. The company’s 50 day moving average price is $13.20 and its 200-day moving average price is $13.95. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.91 and a quick ratio of 0.91. The firm has a market capitalization of $244.14 billion, a P/E ratio of 5.52 and a beta of 1.09. Industrial & Cmrcl Bnk f China has a twelve month low of $12.10 and a twelve month high of $15.82.

About Industrial & Cmrcl Bnk f China

Industrial and Commercial Bank of China Limited provides various banking products and services primarily in China and internationally. It operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions.

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

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