Agricultural Bank of China (OTCMKTS:ACGBY) Reaches New 1-Year High – Should You Buy?

Agricultural Bank of China Limited (OTCMKTS:ACGBY)’s share price reached a new 52-week high on Monday . The company traded as high as $13.82 and last traded at $13.80, with a volume of 32521 shares. The stock had previously closed at $13.46.

Agricultural Bank of China Stock Performance

The company’s 50 day simple moving average is $12.78 and its 200-day simple moving average is $11.78. The firm has a market capitalization of $198.79 billion, a PE ratio of 5.59 and a beta of 0.08.

Agricultural Bank of China Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, February 10th. Shareholders of record on Friday, January 3rd will be issued a $0.3101 dividend. The ex-dividend date of this dividend is Friday, January 3rd. Agricultural Bank of China’s payout ratio is currently 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.