Agri Bank China (OTCMKTS:ACGBY) Sees Strong Trading Volume – What’s Next?
by Scott Moore · The Cerbat GemShares of Agri Bank China (OTCMKTS:ACGBY – Get Free Report) saw an uptick in trading volume on Wednesday . 35,417 shares were traded during trading, an increase of 84% from the previous session’s volume of 19,242 shares.The stock last traded at $17.79 and had previously closed at $17.75.
Agri Bank China Trading Up 0.1%
The firm has a market cap of $248.84 billion, a P/E ratio of 6.58 and a beta of 0.08. The company’s 50 day moving average is $18.06 and its two-hundred day moving average is $17.78. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.24 and a quick ratio of 1.24.
Agri Bank China (OTCMKTS:ACGBY – Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.77 earnings per share for the quarter. Agri Bank China had a return on equity of 9.25% and a net margin of 21.14%.
About Agri Bank China
Agricultural Bank of China (trading OTC as ACGBY) is a major state-owned commercial bank headquartered in Beijing that provides a broad range of banking and financial services. As one of China’s largest banks, it offers services to corporate, institutional and retail clients, with a particular historical focus on serving agricultural and rural customers alongside urban and corporate markets. The bank operates a large domestic branch network and maintains an international presence through branches and representative offices.
The bank’s product and service mix includes corporate lending, trade finance, project finance and cash management for businesses, together with deposit, mortgage, consumer lending and wealth-management products for individual customers.