Akbank Turk Anonim Sirketi (OTCMKTS:AKBTY – Get Free Report)’s share price traded down 10.4% during mid-day trading on Friday . The company traded as low as $2.68 and last traded at $2.68. Approximately 216 shares changed hands during trading, a decline of 99% from the average session volume of 15,134 shares. The stock had previously closed at $2.99.
Akbank Turk Anonim Sirketi Stock Down 10.4%
The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.07 and a current ratio of 1.07. The firm has a market capitalization of $6.97 billion, a price-to-earnings ratio of 4.47 and a beta of 0.63. The firm has a fifty day moving average price of $2.85 and a 200 day moving average price of $3.09.
Akbank Turk Anonim Sirketi (OTCMKTS:AKBTY – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.13 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.13. The firm had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.49 billion. Akbank Turk Anonim Sirketi had a return on equity of 21.57% and a net margin of 8.19%.
Akbank Turk Anonim Sirketi Company Profile
Akbank Türk Anonim Şirketi is a Turkey-based banking and financial services company headquartered in Istanbul. Founded in 1948, the bank provides services to individuals, businesses and institutions through a broad network of branches, digital channels and other delivery platforms.
Its principal activities include retail banking, commercial and small- and medium-sized enterprise banking, corporate and investment banking, private banking and payment services. Products and services include deposit accounts, consumer and business loans, credit and debit cards, money transfers, cash management, foreign exchange, trade finance, investment products and digital banking solutions.
Akbank primarily serves customers in Turkey and also conducts selected international activities through overseas subsidiaries, branches and representative operations.
Read More
- Five stocks we like better than Akbank Turk Anonim Sirketi
- J.B. Hunt’s Stock Plunges After Market Misprices Profit Warning
- 2 Stocks Breaking Out Post-FOMC With One Thing in Common
- Lennar’s Q3 Miss Hides a Stronger Operating Story Beneath the Housing Slump
- These 3 Stocks Are Drawing Insider Buyers for Very Different Reasons
Receive News & Ratings for Akbank Turk Anonim Sirketi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Akbank Turk Anonim Sirketi and related companies with MarketBeat.com's FREE daily email newsletter.
