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

The Chiba Bank, Ltd. (OTCMKTS:CHBAY) hit a new 52-week low on Friday . The stock traded as low as $37.68 and last traded at $37.68, with a volume of 0 shares. The stock had previously closed at $37.68.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised Chiba Bank to a “hold” rating in a report on Wednesday.

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 company has a fifty day moving average of $37.71 and a two-hundred day moving average of $37.27. The stock has a market capitalization of $5.56 billion, a price-to-earnings ratio of 12.64 and a beta of 0.50.

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.