Agricultural Bank of China (OTCMKTS:ACGBY) Reaches New 52-Week High - Should You Buy?

Shares of Agricultural Bank of China Limited (OTCMKTS:ACGBY - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $13.82 and last traded at $13.80, with a volume of 32521 shares traded. The stock had previously closed at $13.46.

Agricultural Bank of China Trading Up 2.5 %

The stock has a 50-day moving average price of $12.72 and a 200 day moving average price of $11.73. The stock has a market capitalization of $193.12 billion, a price-to-earnings ratio of 5.43 and a beta of 0.08.

Agricultural Bank of China Cuts Dividend

The firm also recently disclosed 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 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.