Chiba Bank (OTCMKTS:CHBAY) Hits New 1-Year Low – Should You Sell?

by · The Cerbat Gem

The Chiba Bank, Ltd. (OTCMKTS:CHBAY – Get Free Report) shares hit a new 52-week low on Wednesday . The company traded as low as $37.68 and last traded at $37.68, with a volume of 0 shares trading hands. The stock had previously closed at $37.68.

Chiba Bank Price Performance

The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.51. The company’s 50 day moving average price is $37.64 and its 200-day moving average price is $37.25.

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

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.

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