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

The Chiba Bank, Ltd. (OTCMKTS:CHBAYGet Free Report)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $37.68 and last traded at $37.68, with a volume of 0 shares changing hands. The stock had previously closed at $37.68.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of Chiba Bank to a “hold” rating in a report on Wednesday, November 6th.

Read Our Latest Research Report on Chiba Bank

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 50 day simple moving average of $37.68 and a two-hundred day simple moving average of $37.39.

Chiba Bank Company Profile

(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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