China CITIC Bank (OTCMKTS:CHCJY) Shares Gap Down – Time to Sell?

China CITIC Bank Corporation Limited (OTCMKTS:CHCJYGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $18.05, but opened at $16.50. China CITIC Bank shares last traded at $16.50, with a volume of 558 shares trading hands.

China CITIC Bank Stock Down 8.6%

The firm has a market cap of $40.37 billion, a PE ratio of 5.05 and a beta of 0.43. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.86 and a current ratio of 0.85. The company’s 50-day simple moving average is $18.57 and its two-hundred day simple moving average is $18.51.

China CITIC Bank Company Profile

(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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