Agri Bank China (OTCMKTS:ACGBY) Shares Gap Down – Should You Sell?

by · The Markets Daily

Agri Bank China (OTCMKTS:ACGBY – Get Free Report)’s share price gapped down before the market opened on Friday . The stock had previously closed at $18.42, but opened at $17.81. Agri Bank China shares last traded at $17.7650, with a volume of 513 shares trading hands.

Agri Bank China Trading Down 4.3%

The stock has a 50 day simple moving average of $18.58 and a 200-day simple moving average of $17.67. The firm has a market cap of $246.81 billion, a P/E ratio of 6.53 and a beta of 0.06. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.02.

Agri Bank China (OTCMKTS:ACGBY – Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.77 EPS for the quarter. Agri Bank China had a net margin of 21.14% and a return on equity of 9.25%.

About Agri Bank China

(Get Free Report)

Agricultural Bank of China Limited, together with its subsidiaries, provides banking products and services. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. It offers demand, personal call, foreign currency call, time or demand optional, foreign exchange call, foreign exchange time, savings, agreed term, and negotiated deposit accounts, as well as certificates of deposit; and loans, including housing, consumer, business, fixed asset, working capital, real estate, and entrusted syndicated loans, as well as trade finances, guarantees and commitments, and loans with custody of export rebates accounts.

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