Agricultural Bank of China (OTCMKTS:ACGBF) Trading Down 5.1% – Should You Sell?

Agricultural Bank of China Limited (OTCMKTS:ACGBF) shares traded down 5.1% during mid-day trading on Tuesday . The stock traded as low as $0.6702 and last traded at $0.6702. 1,500 shares were traded during mid-day trading, a decline of 52% from the average session volume of 3,150 shares. The stock had previously closed at $0.7062.

Agricultural Bank of China Stock Down 5.1%

The company’s fifty day moving average is $0.69 and its two-hundred day moving average is $0.70.

Agricultural Bank of China Company Profile

Agricultural Bank of China Limited, one of China’s “Big Four” state-owned commercial banks, offers a broad range of financial products and services to individuals, corporations and government entities. Established in 1951 as the Agricultural Cooperative Bank and reorganized in 1979 as a standalone commercial bank, it has maintained a strategic focus on serving the agricultural sector, rural communities and urban enterprises. Through its extensive domestic branch network, the bank provides deposit-taking, lending, trade finance, treasury operations and risk management solutions.

In its retail segment, Agricultural Bank of China delivers personal deposit accounts, mortgage financing, auto loans, credit card services and wealth management products.