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Chiba Bank (OTCMKTS:CHBAY) Trading Up 10.2% - Here's Why

Chiba Bank logo with Finance background

Key Points

  • Chiba Bank's stock price increased by 10.2%, reaching a high of $49.58 during trading on Tuesday, with a significant trading volume spike.
  • The bank has a market capitalization of $7.95 billion and a P/E ratio of 13.79, indicating its valuation in the market.
  • Chiba Bank offers a variety of banking products, including loans, insurance, and investment services both domestically and internationally.
  • Five stocks we like better than Chiba Bank.

Shares of Chiba Bank Ltd. (OTCMKTS:CHBAY - Get Free Report) shot up 10.2% during trading on Tuesday . The company traded as high as $49.58 and last traded at $49.37. 40,200 shares traded hands during mid-day trading, an increase of 270,607% from the average session volume of 15 shares. The stock had previously closed at $44.79.

Chiba Bank Stock Performance

The stock's 50 day moving average price is $46.90 and its 200 day moving average price is $42.29. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.48. The firm has a market cap of $7.95 billion, a PE ratio of 13.79 and a beta of 0.29.

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.

See Also

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