Free Trial

Agri Bank China (OTCMKTS:ACGBY) Shares Gap Down - Time to Sell?

Agri Bank China logo with Finance background

Key Points

  • Agri Bank China shares gapped down, opening at $16.49, after closing at $17.15.
  • The bank recently declared a dividend increase to $0.3231, resulting in a remarkable yield of 358.0%.
  • The company's market capitalization stands at $239.32 billion with a PE ratio of 6.60.
  • Interested in Agri Bank China? Here are five stocks we like better.

Agri Bank China (OTCMKTS:ACGBY - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $17.15, but opened at $16.49. Agri Bank China shares last traded at $16.49, with a volume of 193 shares traded.

Agri Bank China Stock Up 1.2%

The stock has a market cap of $248.91 billion, a P/E ratio of 6.86 and a beta of 0.08. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.99. The business has a 50-day simple moving average of $17.38 and a 200-day simple moving average of $15.99.

Agri Bank China Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, July 11th will be given a $0.3231 dividend. This is a positive change from Agri Bank China's previous dividend of $0.31. This represents a dividend yield of 358.0%. The ex-dividend date of this dividend is Thursday, July 10th. Agri Bank China's dividend payout ratio (DPR) is currently 24.71%.

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.

Recommended Stories

Should You Invest $1,000 in Agri Bank China Right Now?

Before you consider Agri Bank China, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Agri Bank China wasn't on the list.

While Agri Bank China currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.