China CITIC Bank (OTCMKTS:CHCJY) Trading Down 3.8%

Shares of China CITIC Bank Co. Limited (OTCMKTS:CHCJY) dropped 3.8% on Thursday . The stock traded as low as $11.26 and last traded at $11.26. Approximately 178 shares were traded during trading, a decline of 81% from the average daily volume of 941 shares. The stock had previously closed at $11.71.

China CITIC Bank Price Performance

The firm’s 50-day moving average price is $12.01 and its 200 day moving average price is $11.05. The firm has a market cap of $27.55 billion, a P/E ratio of 3.44 and a beta of 0.04. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.52.

China CITIC Bank Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, August 15th. Stockholders of record on Friday, July 5th will be given a dividend of $0.8323 per share. The ex-dividend date of this dividend is Friday, July 5th. China CITIC Bank’s dividend payout ratio is currently 23.55%.

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.