Chiba Bank (OTCMKTS:CHBAY – Get Free Report) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.
Chiba Bank Stock Performance
Shares of CHBAY opened at $75.71 on Tuesday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.40. The firm’s fifty day moving average is $72.19 and its two-hundred day moving average is $63.16. The stock has a market cap of $11.74 billion, a PE ratio of 17.05 and a beta of 0.09. Chiba Bank has a 52-week low of $62.28 and a 52-week high of $78.67.
About Chiba Bank
Chiba Bank, Ltd. (OTCMKTS: CHBAY) is a regional commercial bank headquartered in Chiba City, Japan. Established in 1943, the bank offers a broad range of banking and financial services to individual, corporate and public sector clients. As one of the largest financial institutions in Chiba Prefecture, Chiba Bank plays a central role in supporting local economic activity and community development.
The bank’s core business activities include deposit-taking, lending, and trust services. Chiba Bank provides retail customers with savings accounts, fixed-term deposits, personal loans and mortgage financing.
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