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

by · The Cerbat Gem

China CITIC Bank Corporation Limited (OTCMKTS:CHCJY – Get Free Report)’s share price gapped down prior to trading 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.

China CITIC Bank Stock Performance

The firm has a 50 day moving average of $18.57 and a 200-day moving average of $18.51. The stock has a market capitalization 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.

About China CITIC Bank

(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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