Akbank Turk Anonim Sirketi (OTCMKTS:AKBTY – Get Free Report)’s share price reached a new 52-week low during trading on Saturday. The stock traded as low as $2.55 and last traded at $2.58, with a volume of 9,334 shares changing hands. The stock had previously closed at $2.64.
Akbank Turk Anonim Sirketi Stock Performance
The stock has a market capitalization of $6.71 billion, a P/E ratio of 4.40 and a beta of 0.59. The company has a 50 day simple moving average of $2.85 and a 200-day simple moving average of $2.99. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.07 and a quick ratio of 1.07.
Akbank Turk Anonim Sirketi (OTCMKTS:AKBTY – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.13 earnings per share for the quarter, hitting the consensus estimate of $0.13. The company had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.49 billion. Akbank Turk Anonim Sirketi had a return on equity of 21.57% and a net margin of 8.19%.
Akbank Turk Anonim Sirketi Company Profile
Akbank Türk Anonim Şirketi is a Turkey-based banking and financial services company headquartered in Istanbul. The bank provides a broad range of services to individual customers, small and medium-sized enterprises, commercial businesses, and large corporate and institutional clients.
Its offerings include deposit accounts, consumer and mortgage lending, credit and debit cards, payment services, investment products, private banking, wealth management, foreign exchange, trade finance, and corporate lending.
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