Banco Itaú Chile (NYSE:ITCL) Shares Gap Down to $3.10

Banco Itaú Chile (NYSE:ITCL)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $3.10, but opened at $3.02. Banco Itaú Chile shares last traded at $3.02, with a volume of 100 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Citigroup initiated coverage on Banco Itaú Chile in a report on Wednesday, September 13th. They issued a “buy” rating on the stock.

Banco Itaú Chile Stock Down 1.9 %

The stock has a market cap of $1.97 billion, a PE ratio of 4.54 and a beta of 1.00. The company has a debt-to-equity ratio of 3.28, a quick ratio of 0.16 and a current ratio of 0.16. The business’s fifty day simple moving average is $3.11.

About Banco Itaú Chile

Banco Itaú Chile provides banking services in Chile and Colombia. It provides wholesale and corporate banking; real estate and construction; and retail, private, companies, and personal banking services, as well as treasury and other financial services. The company offers checking accounts, and debit and credit card; credit line, consumer credit installments, mortgage credit, and universal consumer and university credit; and leasing and company credits including short term, fixed long term, and structured credit, as well as factoring, foreign trade exports, such as financing line agreement, import payment order, collection, and letter of credit, financing cash operation services.