Agri Bank China (OTCMKTS:ACGBY) Hits New 52-Week High – What’s Next?

Shares of Agri Bank China (OTCMKTS:ACGBY) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $18.12 and last traded at $18.10, with a volume of 2240 shares changing hands. The stock had previously closed at $17.97.

Agri Bank China Stock Performance

The stock has a market cap of $254.79 billion, a price-to-earnings ratio of 7.03 and a beta of 0.03. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.88 and a quick ratio of 0.88. The firm has a fifty day moving average of $16.04 and a 200 day moving average of $14.88.

Agri Bank China (OTCMKTS:ACGBY) last issued its earnings results on Tuesday, April 29th. The company reported $0.65 earnings per share (EPS) for the quarter. Agri Bank China had a return on equity of 9.22% and a net margin of 20.46%. The company had revenue of $25.68 billion during the quarter.

About Agri Bank China

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.