Agricultural Bank of China Limited (OTCMKTS:ACGBY – Get Free Report) was the recipient of a large drop in short interest in October. As of October 31st, there was short interest totalling 1,200 shares, a drop of 84.4% from the October 15th total of 7,700 shares. Based on an average daily volume of 21,100 shares, the days-to-cover ratio is currently 0.1 days.
Agricultural Bank of China Trading Down 1.7 %
Shares of ACGBY opened at $12.21 on Wednesday. The firm has a market cap of $170.93 billion, a price-to-earnings ratio of 4.89 and a beta of 0.08. The stock has a 50 day moving average of $12.07 and a 200-day moving average of $11.46. Agricultural Bank of China has a 52 week low of $8.89 and a 52 week high of $13.30.
Agricultural Bank of China (OTCMKTS:ACGBY – Get Free Report) last issued its earnings results on Friday, August 30th. The company reported $0.62 EPS for the quarter. Agricultural Bank of China had a return on equity of 9.11% and a net margin of 19.68%. The company had revenue of $25 billion during the quarter.
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.
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