Chiba Bank (OTCMKTS:CHBAY) Reaches New 52-Week Low – Time to Sell?

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

Wall Street Analyst Weigh In

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

Chiba Bank Price Performance

The company has a debt-to-equity ratio of 1.51, a current ratio of 0.95 and a quick ratio of 0.95. The company has a fifty day moving average price of $37.68 and a two-hundred day moving average price of $37.39.

About Chiba Bank

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.