China CITIC Bank (OTCMKTS:CHCJY) Hits New 12-Month High – Should You Buy?

China CITIC Bank Co. Limited (OTCMKTS:CHCJY) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $14.27 and last traded at $14.27, with a volume of 109 shares traded. The stock had previously closed at $13.87.

China CITIC Bank Trading Down 11.3 %

The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.52. The business has a 50 day moving average price of $12.49 and a 200-day moving average price of $12.42. The firm has a market capitalization of $29.31 billion, a PE ratio of 4.24 and a beta of 0.06.

China CITIC Bank (OTCMKTS:CHCJY) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.75 earnings per share (EPS) for the quarter. The firm had revenue of $7.43 billion during the quarter. China CITIC Bank had a return on equity of 8.82% and a net margin of 17.31%.

China CITIC Bank Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, January 30th. Stockholders of record on Thursday, December 12th will be paid a dividend of $0.5105 per share. The ex-dividend date is Thursday, December 12th.

China CITIC Bank Company Profile

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.