Chiba Bank (OTCMKTS:CHBAY) Trading Up 0.7% - Should You Buy?

The Chiba Bank, Ltd. (OTCMKTS:CHBAY - Get Free Report) shares were up 0.7% on Thursday . The stock traded as high as $43.01 and last traded at $43.01. Approximately 1,123 shares traded hands during trading, a decline of 90% from the average daily volume of 11,087 shares. The stock had previously closed at $42.70.

Chiba Bank Trading Down 1.5%

The stock has a market capitalization of $6.82 billion, a PE ratio of 13.75 and a beta of 0.29. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.49. The firm has a 50 day moving average price of $39.66 and a 200 day moving average price of $38.37.

Chiba Bank (OTCMKTS:CHBAY - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.76 by $0.17. Chiba Bank had a return on equity of 5.75% and a net margin of 19.54%. The company had revenue of $686.60 million during the quarter, compared to analysts' expectations of $52.55 billion.

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.