Akbank Turk Anonim Sirketi (OTCMKTS:AKBTY – Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 20,757 shares, a growth of 138,280.0% from the July 30th total of 15 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 18,490 shares, the days-to-cover ratio is presently 1.1 days.
Akbank Turk Anonim Sirketi Stock Performance
AKBTY stock remained flat at $2.95 during trading on Tuesday. The company had a trading volume of 672 shares, compared to its average volume of 12,418. The firm has a market capitalization of $7.67 billion, a PE ratio of 4.91 and a beta of 0.63. Akbank Turk Anonim Sirketi has a 12-month low of $2.51 and a 12-month high of $4.24. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.07 and a quick ratio of 1.07. The firm’s 50-day moving average price is $2.96 and its 200-day moving average price is $3.23.
Akbank Turk Anonim Sirketi (OTCMKTS:AKBTY – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.13 earnings per share for the quarter, hitting the consensus estimate of $0.13. Akbank Turk Anonim Sirketi had a net margin of 8.19% and a return on equity of 21.13%. The business had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.49 billion.
About Akbank Turk Anonim Sirketi
Akbank Turk Anonim Sirketi is a leading Turkish banking institution headquartered in Istanbul, offering a comprehensive range of financial products and services to corporate, commercial and retail clientele. Established in 1948, the bank has built a reputation for stability and innovation in Turkey’s banking sector, serving as a key intermediary for both domestic and international customers.
The bank’s principal business activities encompass corporate and commercial lending, small and medium-sized enterprise (SME) financing, consumer and retail banking, private banking, and wealth management services.
Featured Stories
- Five stocks we like better than Akbank Turk Anonim Sirketi
- Pathward’s Credit Scare Tests Its Comeback Story
- Wiring the AI Boom: Rumble’s $13.7B Pivot
- StoneX: Too Far Too Fast?
- DICK’s Sporting Goods Faces Pain Now for a Bigger Prize
Receive News & Ratings for Akbank Turk Anonim Sirketi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Akbank Turk Anonim Sirketi and related companies with MarketBeat.com's FREE daily email newsletter.
