Agri Bank China (OTCMKTS:ACGBY) Sees Strong Trading Volume - Time to Buy?

Agri Bank China (OTCMKTS:ACGBY - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 35,417 shares changed hands during trading, an increase of 84% from the previous session's volume of 19,242 shares.The stock last traded at $17.79 and had previously closed at $17.75.Get Agri Bank China alerts:Agri Bank China Price PerformanceThe company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $248.84 billion, a P/E ratio of 6.58 and a beta of 0.08. The company's 50-day simple moving average is $18.06 and its 200 day simple moving average is $17.78. Agri Bank China (OTCMKTS:ACGBY - Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.77 EPS for the quarter. Agri Bank China had a return on equity of 9.25% and a net margin of 21.14%.Agri Bank China Company Profile (Get Free Report)Agricultural Bank of China (trading OTC as ACGBY) is a major state-owned commercial bank headquartered in Beijing that provides a broad range of banking and financial services. As one of China's largest banks, it offers services to corporate, institutional and retail clients, with a particular historical focus on serving agricultural and rural customers alongside urban and corporate markets. The bank operates a large domestic branch network and maintains an international presence through branches and representative offices. The bank's product and service mix includes corporate lending, trade finance, project finance and cash management for businesses, together with deposit, mortgage, consumer lending and wealth-management products for individual customers.Read MoreFive stocks we like better than Agri Bank ChinaYour Signature Is Missing – Act Before It’s Too LateWhat Expenses Can Be Deducted From Capital Gains Tax?Do not delete, read immediatelyRefund From 1933: Trump’s Reset May Create Instant WealthBuy This Stock at 9:30 AM on MONDAY!This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Agri Bank China Right Now?Before you consider Agri Bank China, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Agri Bank China wasn't on the list.While Agri Bank China currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here