The Chiba Bank, Ltd. (OTCMKTS:CHBAY - Get Free Report) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totalling 100 shares, a decline of 88.9% from the April 30th total of 900 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are sold short.
Chiba Bank Price Performance
Shares of Chiba Bank stock remained flat at $43.85 during midday trading on Friday. Chiba Bank has a fifty-two week low of $33.94 and a fifty-two week high of $44.72. The business's 50-day simple moving average is $40.99 and its 200 day simple moving average is $38.82. The firm has a market cap of $7.06 billion, a PE ratio of 14.24 and a beta of 0.29. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.49.
Chiba Bank (OTCMKTS:CHBAY - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.76 by $0.17. Chiba Bank had a net margin of 19.54% and a return on equity of 5.75%. The business had revenue of $686.60 million for the quarter, compared to analyst estimates of $52.55 billion.
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.
Featured Stories
Before you consider Chiba Bank, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Chiba Bank wasn't on the list.
While Chiba Bank currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
