Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY) Shares Up 3% – Time to Buy?

Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY) rose 3% during mid-day trading on Tuesday . The company traded as high as $2.61 and last traded at $2.61. Approximately 554 shares traded hands during trading, a decline of 94% from the average daily volume of 9,930 shares. The stock had previously closed at $2.53.

Turkiye Garanti Bankasi A.S. Stock Up 3.0 %

The business’s 50 day moving average price is $3.11 and its 200 day moving average price is $3.35.

Turkiye Garanti Bankasi A.S. Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, April 14th. Shareholders of record on Wednesday, April 2nd were issued a dividend of $0.0586 per share. The ex-dividend date was Wednesday, April 2nd. Turkiye Garanti Bankasi A.S.’s dividend payout ratio is presently 9.49%.

Turkiye Garanti Bankasi A.S. Company Profile

Turkiye Garanti Bankasi A.S. provides various banking products and services in Turkey. The company offers current, savings, time and term deposit, e-savings, YUVAM, NET, ELMA, overdraft, and gold accounts; general purpose, auto, mortgage, commercial, and project loans, as well as IBOR reforms and foreign trade financing; investment funds, stocks, derivatives, Garanti BBVA e-trader platform, time barred deposit and investment lists, and derivative instruments; credit and debit cards, bonusflas, and POS and e-commerce products; and insurance and pension products.