Agricultural Bank of China (OTCMKTS:ACGBY) Sets New 1-Year High - Here's Why

Agricultural Bank of China Limited (OTCMKTS:ACGBY - Get Free Report)'s stock price hit a new 52-week high on Wednesday . The stock traded as high as $15.30 and last traded at $14.71, with a volume of 23300 shares changing hands. The stock had previously closed at $14.74.

Agricultural Bank of China Stock Down 3.1 %

The firm has a fifty day moving average price of $13.94 and a two-hundred day moving average price of $12.80. The stock has a market capitalization of $207.47 billion, a P/E ratio of 5.83 and a beta of 0.04.

Agricultural Bank of China Cuts Dividend

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

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.