Itaú Corpbanca (NYSE:ITCB) Shares Gap Down to $6.22

Itaú Corpbanca (NYSE:ITCB)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $6.22, but opened at $5.98. Itaú Corpbanca shares last traded at $5.98, with a volume of 100 shares traded.

The company’s 50 day moving average price is $5.70 and its two-hundred day moving average price is $4.95. The firm has a market cap of $2.04 billion, a PE ratio of -2.39 and a beta of 1.11. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 4.26.

Several institutional investors have recently modified their holdings of the company. Renaissance Technologies LLC boosted its stake in shares of Itaú Corpbanca by 3.7% during the 4th quarter. Renaissance Technologies LLC now owns 312,400 shares of the bank’s stock worth $1,546,000 after acquiring an additional 11,100 shares during the last quarter. KBC Group NV purchased a new position in shares of Itaú Corpbanca during the 4th quarter worth $92,000. Finally, Veriti Management LLC purchased a new position in shares of Itaú Corpbanca during the 4th quarter worth $40,000. Institutional investors and hedge funds own 0.19% of the company’s stock.

About Itaú Corpbanca (NYSE:ITCB)

Itaú Corpbanca provides wholesale and retail banking services to large and medium-sized companies, individuals, and institutional clients in Chile and Colombia. The company offers checking and savings accounts, as well as demand and time deposits, and bankers' drafts; and provides commercial, mortgage, consumer, and contingent loans.

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