Chiba Bank (OTCMKTS:CHBAY) Upgraded by The Goldman Sachs Group to “Hold” Rating

The Goldman Sachs Group upgraded shares of Chiba Bank (OTCMKTS:CHBAYFree Report) to a hold rating in a report published on Wednesday, Zacks.com reports.

Chiba Bank Stock Performance

Shares of CHBAY stock opened at $37.68 on Wednesday. Chiba Bank has a 52-week low of $37.68 and a 52-week high of $39.98. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.51. The stock has a fifty day simple moving average of $37.69 and a two-hundred day simple moving average of $37.27.

About Chiba Bank

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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.

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