Agri Bank China (OTCMKTS:ACGBY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $17.89, but opened at $17.50. Agri Bank China shares last traded at $17.66, with a volume of 18,225 shares trading hands.
Agri Bank China Price Performance
The firm has a market cap of $247.23 billion, a PE ratio of 6.82 and a beta of 0.06. The firm has a fifty day simple moving average of $16.78 and a two-hundred day simple moving average of $15.25. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.88 and a current ratio of 0.88.
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 for the quarter. The business had revenue of $25.68 billion during the quarter. Agri Bank China had a return on equity of 9.22% and a net margin of 20.46%.
Agri Bank China Increases Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, July 11th will be paid a $0.3231 dividend. This represents a dividend yield of 3.58%. This is a positive change from Agri Bank China's previous dividend of $0.31. The ex-dividend date is Thursday, July 10th. Agri Bank China's dividend payout ratio (DPR) is presently 24.32%.
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.
Further Reading
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
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
