Agri Bank China (OTCMKTS:ACGBY) Sees Large Volume Increase – Time to Buy?

Agri Bank China (OTCMKTS:ACGBY) shares saw an uptick in trading volume on Monday . 64,715 shares were traded during trading, an increase of 84% from the previous session’s volume of 35,111 shares.The stock last traded at $18.34 and had previously closed at $18.68.

Agri Bank China Stock Performance

The stock has a market capitalization of $255.21 billion, a P/E ratio of 6.75 and a beta of 0.06. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.02. The company has a 50-day moving average price of $18.47 and a two-hundred day moving average price of $17.63.

Agri Bank China (OTCMKTS:ACGBY) last released its earnings results on Thursday, October 30th. The company reported $0.77 EPS for the quarter. Agri Bank China had a return on equity of 9.25% and a net margin of 21.14%.

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.