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China CITIC Bank (OTCMKTS:CHCJY) Reaches New 1-Year High - Still a Buy?

China CITIC Bank logo with Finance background

China CITIC Bank Corporation Limited (OTCMKTS:CHCJY - Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as $19.95 and last traded at $19.95, with a volume of 502 shares traded. The stock had previously closed at $19.00.

China CITIC Bank Trading Up 5.0%

The business's 50-day moving average price is $16.17 and its two-hundred day moving average price is $14.93.

China CITIC Bank (OTCMKTS:CHCJY - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $0.99 earnings per share (EPS) for the quarter. The business had revenue of $7.10 billion during the quarter.

China CITIC Bank Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, June 27th will be paid a $0.3618 dividend. The ex-dividend date of this dividend is Thursday, June 26th. This represents a yield of 4.26%.

About China CITIC Bank

(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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