Chiba Bank (OTCMKTS:CHBAY) Sets New 12-Month Low – Should You Sell?

The Chiba Bank, Ltd. (OTCMKTS:CHBAY)’s share price reached 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 67 shares. The stock had previously closed at $37.68.

Chiba Bank Stock Performance

The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.51. The stock has a fifty day simple moving average of $37.55 and a 200-day simple moving average of $37.22. The company has a market capitalization of $5.56 billion, a P/E ratio of 12.52 and a beta of 0.50.

Chiba Bank (OTCMKTS:CHBAY) last issued its quarterly earnings data on Friday, August 2nd. The company reported $0.90 earnings per share for the quarter. Chiba Bank had a net margin of 19.81% and a return on equity of 5.65%. The firm had revenue of $564.61 million for the quarter.

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.