Agri Bank China (OTCMKTS:ACGBY) Sets New 1-Year High – Time to Buy?

Agri Bank China (OTCMKTS:ACGBY) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $19.99 and last traded at $19.8220, with a volume of 11159 shares changing hands. The stock had previously closed at $19.25.

Agri Bank China Trading Down 1.2%

The company has a debt-to-equity ratio of 0.99, a current ratio of 1.22 and a quick ratio of 0.88. The firm has a market capitalization of $272.57 billion, a PE ratio of 7.52 and a beta of 0.08. The company’s fifty day simple moving average is $17.61 and its 200-day simple moving average is $17.06.

Agri Bank China (OTCMKTS:ACGBY) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.77 earnings per share for the quarter. Agri Bank China had a net margin of 20.80% and a return on equity of 9.22%.

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.