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The Goldman Sachs Group Upgrades Agricultural Bank of China (OTCMKTS:ACGBY) to Neutral

Defense World ·  Jul 22, 2022 02:41

Agricultural Bank of China (OTCMKTS:ACGBY – Get Rating) was upgraded by The Goldman Sachs Group from a "sell" rating to a "neutral" rating in a research note issued to investors on Wednesday, The Fly reports.

Agricultural Bank of China Price Performance

ACGBY stock opened at $8.16 on Wednesday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.64. Agricultural Bank of China has a 12-month low of $7.93 and a 12-month high of $10.03. The company has a market cap of $114.23 billion, a price-to-earnings ratio of 3.24 and a beta of 0.35. The firm has a 50 day moving average of $9.10 and a 200-day moving average of $9.29.

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Agricultural Bank of China Company Profile

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Agricultural Bank of China Limited provides corporate and retail banking products and services. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. It offers demand, personal call, foreign currency time, foreign currency call, time or demand optional, foreign exchange demand, foreign exchange call, foreign exchange time, certificates of deposit, savings, agreed-term, and negotiated deposits; and loans comprise 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.

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