Akbank Turk Anonim Sirketi (OTCMKTS:AKBTY – Get Free Report)’s stock price shot up 11.4% during trading on Tuesday. The stock traded as high as $2.84 and last traded at $2.84. Approximately 480 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 14,106 shares. The stock had previously closed at $2.55.
Akbank Turk Anonim Sirketi Stock Down 1.1%
The business has a 50-day moving average price of $2.78 and a two-hundred day moving average price of $3.14. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.00. The firm has a market cap of $7.08 billion, a PE ratio of 4.87 and a beta of 0.62.
Akbank Turk Anonim Sirketi Company Profile
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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