Agri Bank China (OTCMKTS:ACGBY) Shares Gap Down – Time to Sell?

Agri Bank China (OTCMKTS:ACGBY) gapped down prior to trading on Wednesday . The stock had previously closed at $19.14, but opened at $18.23. Agri Bank China shares last traded at $18.97, with a volume of 9,410 shares trading hands.

Agri Bank China Stock Down 1.1%

The company has a current ratio of 1.22, a quick ratio of 0.88 and a debt-to-equity ratio of 0.99. The business has a fifty day simple moving average of $18.09 and a two-hundred day simple moving average of $17.36. The company has a market cap of $265.01 billion, a PE ratio of 7.31 and a beta of 0.11.

Agri Bank China (OTCMKTS:ACGBY) last released its earnings results on Thursday, October 30th. The company reported $0.77 earnings per share (EPS) for the quarter. Agri Bank China had a net margin of 20.80% and a return on equity of 9.22%.

About Agri Bank 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.