Chiba Bank (OTCMKTS:CHBAY) Sets New 12-Month Low – What’s Next?

The Chiba Bank, Ltd. (OTCMKTS:CHBAY)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $37.68 and last traded at $37.68, with a volume of 0 shares changing hands. The stock had previously closed at $37.68.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised shares of Chiba Bank to a “hold” rating in a research report on Wednesday, November 6th.

Chiba Bank Stock Performance

The firm has a market cap of $5.56 billion, a PE ratio of 12.64 and a beta of 0.50. The firm has a 50 day moving average of $37.72 and a 200 day moving average of $37.38. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.51.

Chiba Bank Company Profile

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.