Akbank T.A.S. (OTCMKTS:AKBTY) Releases Quarterly Earnings Results

Akbank T.A.S. (OTCMKTS:AKBTY) released its quarterly earnings results on Friday. The company reported $0.10 EPS for the quarter, Zacks reports.

Akbank T.A.S. Price Performance

Akbank T.A.S. stock traded down $0.22 during midday trading on Friday, reaching $3.62. The company’s stock had a trading volume of 11,207 shares, compared to its average volume of 12,617. The business has a 50-day simple moving average of $3.63 and a 200-day simple moving average of $3.48. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.73. Akbank T.A.S. has a fifty-two week low of $2.40 and a fifty-two week high of $4.46.

About Akbank T.A.S.

Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. It operates through Consumer Banking and Private Banking; Commercial Banking, Corporate Banking, and SME Banking; and Treasury, Other, and Unallovated segments. The company’s consumer banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfer, investment banking, and telephone and internet banking.