Chiba Bank (OTCMKTS:CHBAY) Raised to “Hold” at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Chiba Bank (OTCMKTS:CHBAY) to a hold rating in a research report sent to investors on Wednesday,Zacks.com reports.

Chiba Bank Stock Performance

Chiba Bank stock opened at $37.68 on Wednesday. The company has a 50 day moving average price of $37.71 and a 200 day moving average price of $37.28. Chiba Bank has a 52 week low of $37.68 and a 52 week high of $39.98. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.51.

About Chiba Bank

The Chiba Bank, Ltd., together with its subsidiaries, provides banking products and services in Japan and internationally. The company offers various deposit products, including savings, time deposits, currency deposits, investment trusts, bonds, and pensions; loans, which include mortgages, renovation loans, photovoltaic, vehicle, education, and other loan products; and insurance products, such as annuity, life, medical, student, death, and travel insurance.