Industrial & Cmrcl Bnk f China (OTCMKTS:IDCBY) Lifted to Sell at ValuEngine

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Industrial & Cmrcl Bnk f China (OTCMKTS:IDCBY) was upgraded by equities researchers at ValuEngine from a “strong sell” rating to a “sell” rating in a note issued to investors on Monday, ValuEngine reports.

OTCMKTS:IDCBY traded up $0.11 on Monday, hitting $13.85. 58,577 shares of the stock were exchanged, compared to its average volume of 61,329. The stock has a market capitalization of $248.06 billion, a price-to-earnings ratio of 5.61 and a beta of 1.09. Industrial & Cmrcl Bnk f China has a 52 week low of $12.10 and a 52 week high of $15.82. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.91 and a current ratio of 0.91. The company’s 50-day moving average price is $13.36 and its 200 day moving average price is $13.92.

Industrial & Cmrcl Bnk f China Company Profile

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.

Further Reading: Support Level

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

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