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

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

Wall Street Analyst Weigh In

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

Chiba Bank Price Performance

The business’s 50 day simple moving average is $37.83 and its 200 day simple moving average is $37.31. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.95 and a current ratio of 0.95.

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.