China CITIC Bank (OTCMKTS:CHCJY) Hits New 12-Month High – Here’s Why

China CITIC Bank Co. Limited (OTCMKTS:CHCJY)’s share price hit a new 52-week high on Tuesday . The company traded as high as $15.96 and last traded at $15.96, with a volume of 1670 shares traded. The stock had previously closed at $12.13.

China CITIC Bank Stock Performance

The company has a market capitalization of $39.05 billion, a price-to-earnings ratio of 3.71 and a beta of 0.06. The company has a 50 day moving average price of $12.55 and a 200 day moving average price of $12.44.

China CITIC Bank (OTCMKTS:CHCJY) last posted its earnings results on Wednesday, October 30th. The company reported $0.75 earnings per share (EPS) for the quarter. The company had revenue of $7.43 billion for the quarter.

China CITIC Bank Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, January 30th. Investors of record on Thursday, December 12th will be issued a $0.5105 dividend. The ex-dividend date is Thursday, December 12th.

About China CITIC Bank

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.