Agricultural Bank of China (OTCMKTS:ACGBY) Sets New 12-Month High – Here’s Why

Agricultural Bank of China Limited (OTCMKTS:ACGBY) hit a new 52-week high during trading on Wednesday . The stock traded as high as $15.30 and last traded at $14.71, with a volume of 23300 shares. The stock had previously closed at $14.74.

Agricultural Bank of China Price Performance

The business’s fifty day moving average price is $13.84 and its 200 day moving average price is $12.74. The stock has a market cap of $205.93 billion, a P/E ratio of 5.79 and a beta of 0.04.

Agricultural Bank of China Cuts Dividend

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