Akbank T.A.S. (OTCMKTS:AKBTY) Sets New 1-Year High at $3.49

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Shares of Akbank T.A.S. (OTCMKTS:AKBTY - Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as $3.49 and last traded at $3.49, with a volume of 4482 shares. The stock had previously closed at $3.36.

Akbank T.A.S. Price Performance

The company's fifty day moving average price is $2.80 and its 200 day moving average price is $2.53. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market capitalization of $9.07 billion, a price-to-earnings ratio of 2.51 and a beta of 0.82.

Akbank T.A.S. Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, April 4th. Shareholders of record on Wednesday, March 27th were given a $0.0928 dividend. The ex-dividend date was Tuesday, March 26th. Akbank T.A.S.'s dividend payout ratio (DPR) is 6.72%.

About Akbank T.A.S.

(Get Free Report)

Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. It operates through Consumer Banking and Private Banking; Commercial Banking, Corporate Banking, and SME Banking; and Treasury, Other, and Unallovated segments. The company's consumer banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfer, investment banking, and telephone and internet banking.

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