Agricultural Bank of China (OTCMKTS:ACGBY) Reaches New 12-Month High – Here’s What Happened

Agricultural Bank of China Limited (OTCMKTS:ACGBY) shares reached a new 52-week high during trading on Thursday . The company traded as high as $14.90 and last traded at $14.76, with a volume of 22640 shares changing hands. The stock had previously closed at $14.53.

Agricultural Bank of China Trading Up 1.6 %

The stock has a market capitalization of $206.63 billion, a price-to-earnings ratio of 5.81 and a beta of 0.04. The business has a 50 day simple moving average of $13.72 and a 200-day simple moving average of $12.63.

Agricultural Bank of China Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, February 10th. Investors of record on Friday, January 3rd were issued a dividend of $0.3101 per share. The ex-dividend date was Friday, January 3rd. Agricultural Bank of China’s payout ratio is currently 24.80%.

Agricultural Bank of China Company Profile

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.