China CITIC Bank (OTCMKTS:CHCJY) Posts Earnings Results

China CITIC Bank (OTCMKTS:CHCJY) announced its quarterly earnings data on Thursday. The company reported $999.00 earnings per share (EPS) for the quarter, Zacks reports. China CITIC Bank had a net margin of 20.20% and a return on equity of 8.48%.

China CITIC Bank Price Performance

CHCJY remained flat at $18.62 during trading on Thursday. 7 shares of the company’s stock traded hands, compared to its average volume of 37. The company has a market cap of $45.56 billion, a price-to-earnings ratio of 5.32 and a beta of 0.28. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.82 and a quick ratio of 0.82. The company has a 50-day moving average price of $20.59 and a 200-day moving average price of $19.22. China CITIC Bank has a fifty-two week low of $15.92 and a fifty-two week high of $22.30.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of China CITIC Bank to a “hold” rating in a research note on Thursday, April 23rd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

About China CITIC Bank

China CITIC Bank Co, Ltd., a subsidiary of CITIC Group, is a leading Chinese commercial bank headquartered in Beijing. Established in the late 1980s, the bank was among the first national joint-stock commercial banks approved by the Chinese government. It is quoted on the U.S. OTC Market under the symbol CHCJY.

The bank offers a wide range of financial services, including corporate and institutional banking, retail banking, treasury and financial markets services. Corporate clients can access lending solutions, trade finance, cash management and project financing, while retail customers can choose from deposit accounts, personal loans, credit cards, wealth management and digital banking platforms.