Agri Bank China (OTCMKTS:ACGBY) Sets New 12-Month High – Still a Buy?

Shares of Agri Bank China (OTCMKTS:ACGBY) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $20.19 and last traded at $20.0240, with a volume of 34354 shares. The stock had previously closed at $19.85.

Agri Bank China Stock Up 2.9%

The business’s 50 day simple moving average is $17.83 and its 200-day simple moving average is $17.21. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.88 and a current ratio of 1.22. The company has a market cap of $285.87 billion, a price-to-earnings ratio of 7.88 and a beta of 0.11.

Agri Bank China (OTCMKTS:ACGBY) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.77 earnings per share (EPS) for the quarter. Agri Bank China had a return on equity of 9.22% and a net margin of 20.80%.

Agri Bank 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.