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China CITIC Bank (OTCMKTS:CHCJY) Sets New 52-Week High - Here's What Happened

China CITIC Bank logo with Finance background

China CITIC Bank Co. Limited (OTCMKTS:CHCJY - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $14.27 and last traded at $14.27, with a volume of 109 shares trading hands. The stock had previously closed at $13.87.

China CITIC Bank Price Performance

The firm has a market capitalization of $34.91 billion, a P/E ratio of 4.24 and a beta of 0.06. The firm has a 50 day moving average price of $12.39 and a 200-day moving average price of $12.41. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.52.

China CITIC Bank (OTCMKTS:CHCJY - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.75 earnings per share (EPS) for the quarter. China CITIC Bank had a return on equity of 8.82% and a net margin of 17.31%. The business had revenue of $7.43 billion during the quarter.

China CITIC Bank Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, January 30th. Stockholders of record on Thursday, December 12th will be issued a $0.5105 dividend. The ex-dividend date of this dividend is Thursday, December 12th.

China CITIC Bank Company Profile

(Get Free Report)

China CITIC Bank Corporation Limited provides various banking products and services in the People's Republic of China and internationally. The company operates in segments, such as Corporate Banking, Retail Banking, and Financial Market business. It accepts deposits; offers corporate and personal loans; and provides securities agency, remittance and settlement, and guarantee services, as well as investment banking and international services.

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