Shares of Akbank Turk Anonim Sirketi (OTCMKTS:AKBTY – Get Free Report) gapped up prior to trading on Monday. The stock had previously closed at $2.55, but opened at $2.7950. Akbank Turk Anonim Sirketi shares last traded at $2.8202, with a volume of 1,049 shares traded.
Akbank Turk Anonim Sirketi Stock Up 10.6%
The stock has a fifty day moving average of $2.79 and a 200 day moving average of $3.14. The firm has a market capitalization of $7.33 billion, a P/E ratio of 5.04 and a beta of 0.62. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.07 and a quick ratio of 1.07.
About Akbank Turk Anonim Sirketi
Akbank T.A.Ş. is a Turkish banking and financial services company founded in 1948 in Adana. It was established to provide financing to local cotton producers and has since grown into a broad-based bank serving individuals, businesses and institutions.
The bank offers retail, commercial, corporate and small-business banking, including deposit and lending products, payment services, credit cards, foreign-exchange services and digital banking. It also provides investment and private-banking services.
Akbank is headquartered in Istanbul and primarily serves customers in Turkey.
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