Chiba Bank (OTCMKTS:CHBAY) Reaches New 1-Year Low – What’s Next?

The Chiba Bank, Ltd. (OTCMKTS:CHBAYGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $37.68 and last traded at $37.68, with a volume of 298 shares trading hands. The stock had previously closed at $39.62.

Chiba Bank Stock Performance

The stock’s 50 day simple moving average is $37.43 and its 200 day simple moving average is $37.18. The firm has a market cap of $5.56 billion, a PE ratio of 12.52 and a beta of 0.50. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.95 and a current ratio of 0.95.

Chiba Bank (OTCMKTS:CHBAYGet Free Report) last announced its earnings results on Friday, August 2nd. The company reported $0.90 earnings per share (EPS) for the quarter. Chiba Bank had a net margin of 19.81% and a return on equity of 5.65%. The company had revenue of $564.61 million during the quarter.

About Chiba Bank

(Get Free Report)

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.

Further Reading

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