Agricultural Bank of China (OTCMKTS:ACGBY) Hits New 12-Month High at $11.32

Agricultural Bank of China Limited (OTCMKTS:ACGBY) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $11.32 and last traded at $11.10, with a volume of 8513 shares trading hands. The stock had previously closed at $10.94.

Agricultural Bank of China Price Performance

The company’s 50-day simple moving average is $10.67 and its 200 day simple moving average is $9.86. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $158.47 billion, a price-to-earnings ratio of 4.49 and a beta of 0.13.

Agricultural Bank of China Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, May 31st will be given a $0.6676 dividend. The ex-dividend date of this dividend is Thursday, May 30th. Agricultural Bank of China’s dividend payout ratio is 25.40%.

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.