Agri Bank China (OTCMKTS:ACGBY) Stock Short Interest Report for September

Agri Bank China (OTCMKTS:ACGBY) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 46,511 shares, a growth of 75.7% from the September 15th total of 26,479 shares. Based on an average daily volume of 55,735 shares, the short-interest ratio is presently 0.8 days. Currently, 0.0% of the company’s stock are sold short.

Agri Bank China Price Performance

OTCMKTS:ACGBY opened at $21.72 on Friday. Agri Bank China has a one year low of $15.85 and a one year high of $22.24. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.87 and a current ratio of 0.87. The firm has a market cap of $304.07 billion, a price-to-earnings ratio of 7.20 and a beta of 0.10. The firm’s fifty day moving average is $20.23 and its two-hundred day moving average is $19.16.

Agri Bank China (OTCMKTS:ACGBY) last released its quarterly earnings data on Friday, August 28th. The company reported $0.73 EPS for the quarter. Agri Bank China had a return on equity of 9.38% and a net margin of 21.51%. The business had revenue of $30.09 billion for the quarter, compared to analyst estimates of $29.06 billion.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of Agri Bank China from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 31st. Two analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

About Agri Bank China

Agricultural Bank of China Limited, also known as Agri Bank China, is a state-owned commercial bank headquartered in Beijing. The bank traces its origins to 1951 and was reorganized as a commercial banking institution in 1979. It has historically focused on supporting agriculture, rural communities and county-level economies while expanding into a broad range of commercial banking activities.

The bank provides deposits, corporate and personal loans, payment and settlement services, credit cards, wealth management, investment banking and financial-market services.