China CITIC Bank (OTCMKTS:CHCJY) Stock Rating Upgraded by Zacks Research

China CITIC Bank (OTCMKTS:CHCJY) was upgraded by research analysts at Zacks Research to a “hold” rating in a research note issued on Thursday,Zacks.com reports.

China CITIC Bank Stock Performance

Shares of China CITIC Bank stock opened at $21.11 on Thursday. China CITIC Bank has a 1 year low of $14.17 and a 1 year high of $22.30. The firm has a market cap of $51.65 billion, a PE ratio of 6.46 and a beta of 0.41. The stock has a fifty day moving average price of $19.62 and a 200-day moving average price of $18.82. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.82 and a quick ratio of 0.82.

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.