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Chiba Bank (OTCMKTS:CHBAY) Sets New 52-Week Low - Here's Why

Chiba Bank logo with Finance background

Shares of The Chiba Bank, Ltd. (OTCMKTS:CHBAY - Get Free Report) reached a new 52-week low on Friday . The company 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.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised shares of Chiba Bank to a "hold" rating in a report on Wednesday.

Get Our Latest Research Report on CHBAY

Chiba Bank Price Performance

The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a fifty day simple moving average of $37.71 and a 200-day simple moving average of $37.27.

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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