ValuEngine Lowers Akbank T.A.S. (OTCMKTS:AKBTY) to Sell

Akbank T.A.S. (OTCMKTS:AKBTY) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a report released on Wednesday, ValuEngine reports.

Shares of OTCMKTS AKBTY opened at $2.49 on Wednesday. The firm has a market cap of $6.42 billion, a PE ratio of 4.75 and a beta of 0.57. The firm has a fifty day moving average of $2.47 and a 200 day moving average of $2.35. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.15 and a current ratio of 1.15. Akbank T.A.S. has a one year low of $1.73 and a one year high of $3.13.

Akbank T.A.S. Company Profile

Akbank T.A.S. provides various banking products and services. It operates through three segments: Retail Banking; Commercial Banking, SME Banking, and Corporate-Investment and Private Banking; and Treasury. The company's retail 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 transfers, investment banking, and telephone and Internet banking.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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