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China CITIC Bank (OTCMKTS:CHCJY) Trading 20.3% Higher - Time to Buy?

China CITIC Bank logo with Finance background

China CITIC Bank Co. Limited (OTCMKTS:CHCJY - Get Free Report) shares traded up 20.3% during mid-day trading on Wednesday . The company traded as high as $18.00 and last traded at $18.00. 234 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 554 shares. The stock had previously closed at $14.96.

China CITIC Bank Stock Performance

The business has a fifty day moving average price of $15.23 and a 200-day moving average price of $14.34. The stock has a market capitalization of $44.04 billion, a PE ratio of 5.50 and a beta of 0.28.

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

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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