China CITIC Bank (OTCMKTS:CHCJY) Upgraded at Zacks Research

Zacks Research upgraded shares of China CITIC Bank (OTCMKTS:CHCJY) to a hold rating in a report issued on Thursday morning,Zacks.com reports.

China CITIC Bank Price Performance

CHCJY opened at $21.11 on Thursday. China CITIC Bank has a fifty-two week low of $14.17 and a fifty-two week high of $22.30. 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 firm’s fifty day moving average price is $19.62 and its two-hundred day moving average price is $18.83. The company has a market capitalization of $51.65 billion, a P/E ratio of 6.46 and a beta of 0.41.

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.