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Agri Bank China (OTCMKTS:ACGBY) Shares Gap Down - Should You Sell?

Agri Bank China logo with Finance background

Agri Bank China (OTCMKTS:ACGBY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $17.64, but opened at $17.02. Agri Bank China shares last traded at $17.78, with a volume of 7,473 shares changing hands.

Agri Bank China Price Performance

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 business's fifty day moving average price is $15.91 and its 200-day moving average price is $14.79. The stock has a market capitalization of $247.37 billion, a price-to-earnings ratio of 6.82 and a beta of 0.03.

Agri Bank China (OTCMKTS:ACGBY - Get Free Report) last released its quarterly 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 business had revenue of $25.68 billion during the quarter.

Agri Bank China Company Profile

(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.

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