Agricultural Bank of China (OTCMKTS:ACGBY) Sets New 1-Year High – Should You Buy?

Agricultural Bank of China Limited (OTCMKTS:ACGBY)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $13.52 and last traded at $12.93, with a volume of 19111 shares trading hands. The stock had previously closed at $12.72.

Agricultural Bank of China Stock Up 1.6 %

The stock has a 50-day simple moving average of $12.41 and a two-hundred day simple moving average of $11.57. The firm has a market cap of $180.94 billion, a PE ratio of 4.94 and a beta of 0.08.

Agricultural Bank of China (OTCMKTS:ACGBY) last posted its quarterly earnings results on Friday, August 30th. The company reported $0.62 earnings per share (EPS) for the quarter. The business had revenue of $25 billion for the quarter. Agricultural Bank of China had a return on equity of 9.11% and a net margin of 19.68%.

About Agricultural Bank of China

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.