Akbank Turk Anonim Sirketi (OTCMKTS:AKBTY – Get Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $3.55, but opened at $3.77. Akbank Turk Anonim Sirketi shares last traded at $3.77, with a volume of 299 shares changing hands.
Akbank Turk Anonim Sirketi Price Performance
The firm has a market capitalization of $9.39 billion, a PE ratio of 6.54 and a beta of 0.67. The stock has a 50-day moving average price of $3.58 and a 200 day moving average price of $3.30. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.91.
Akbank Turk Anonim Sirketi (OTCMKTS:AKBTY – Get Free Report) last posted its quarterly earnings data on Monday, February 2nd. The company reported $0.17 EPS for the quarter, meeting analysts’ consensus estimates of $0.17. The business had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Akbank Turk Anonim Sirketi had a return on equity of 21.46% and a net margin of 7.56%.
About Akbank Turk Anonim Sirketi
Akbank Turk Anonim Sirketi is a leading Turkish banking institution headquartered in Istanbul, offering a comprehensive range of financial products and services to corporate, commercial and retail clientele. Established in 1948, the bank has built a reputation for stability and innovation in Turkey’s banking sector, serving as a key intermediary for both domestic and international customers.
The bank’s principal business activities encompass corporate and commercial lending, small and medium-sized enterprise (SME) financing, consumer and retail banking, private banking, and wealth management services.
Further Reading
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