Agricultural Bank of China (OTCMKTS:ACGBY) Hits New 52-Week High – Should You Buy?

Agricultural Bank of China Limited (OTCMKTS:ACGBY) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $15.49 and last traded at $14.87, with a volume of 33910 shares changing hands. The stock had previously closed at $14.82.

Agricultural Bank of China Trading Up 0.3 %

The company has a 50 day moving average of $13.97 and a 200-day moving average of $12.85. The firm has a market capitalization of $208.17 billion, a P/E ratio of 5.85 and a beta of 0.04.

Agricultural Bank of China Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, February 10th. Investors of record on Friday, January 3rd were given a dividend of $0.3101 per share. The ex-dividend date was Friday, January 3rd. Agricultural Bank of China’s dividend payout ratio is 24.41%.

Agricultural Bank of 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.