Akbank T.A.S. (OTCMKTS:AKBTY - Get Free Report) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 2,400 shares, a decrease of 17.2% from the September 30th total of 2,900 shares. Based on an average trading volume of 34,200 shares, the days-to-cover ratio is currently 0.1 days.
Akbank T.A.S. Trading Up 5.7 %
AKBTY traded up $0.17 during trading on Monday, reaching $3.18. The company had a trading volume of 11,870 shares, compared to its average volume of 50,639. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.99 and a current ratio of 0.99. Akbank T.A.S. has a 12-month low of $1.91 and a 12-month high of $4.46. The company has a market cap of $8.27 billion, a price-to-earnings ratio of 2.17 and a beta of 0.71. The firm's 50-day simple moving average is $3.35 and its 200 day simple moving average is $3.65.
Akbank T.A.S. (OTCMKTS:AKBTY - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The company reported $0.10 earnings per share for the quarter. The firm had revenue of $1.18 billion for the quarter.
Akbank T.A.S. Company Profile
(
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Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. It operates through Consumer Banking and Private Banking; Commercial Banking, Corporate Banking, and SME Banking; and Treasury, Other, and Unallovated segments. The company's consumer banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfer, investment banking, and telephone and internet banking.
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