Chiba Bank (OTCMKTS:CHBAY) Hits New 1-Year High - Time to Buy?

Key Points

• Chiba Bank shares reached a new 52-week high at $49.58 during mid-day trading, rising from a previous close of $47.65.
• The bank has a market capitalization of $7.95 billion and a P/E ratio of 13.79.
• Chiba Bank provides a range of banking services including loans, deposit products, and insurance offerings both in Japan and internationally.

Shares of Chiba Bank Ltd. (OTCMKTS:CHBAY - ) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $49.58 and last traded at $49.58, with a volume of 21845 shares changing hands. The stock had previously closed at $47.65.

Chiba Bank Price Performance

The firm has a market cap of $7.95 billion, a P/E ratio of 13.79 and a beta of 0.27. The business's fifty day simple moving average is $46.58 and its 200-day simple moving average is $41.99. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.48.

Chiba Bank Company Profile

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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