Akbank TAS (OTCMKTS:AKBTY) is down 4.3%
Akbank TAS (OTCMKTS:AKBTY – received rating)s share price fell 4.3% on Friday. The company traded as low as $1.01 and last traded at $1.01. Around 1,901 shares changed hands during trading, down 93% from the average daily turnover of 27,559 shares. The stock had previously closed at $1.05.
Changes in analyst ratings
Separately, JPMorgan Chase & Co. raised its target price on shares of Akbank TAS to 15.00 from 12.70 and gave the stock an overweight rating in a research note on Thursday, May 5.
Akbank TAS course development
The company’s 50-day moving average is $0.98 and its 200-day moving average is $1.05.
About Akbank TAS
Akbank TAS, together with its subsidiaries, offers various banking products and services in Turkey and internationally. It operates through: Retail Banking; Commercial Banking, SME Banking, Corporate Investment and Private Banking; and Treasury segments. The company’s retail banking services include deposit accounts, personal loans, commercial installment loans, credit cards, insurance products and wealth management services, as well as bank cards, mutual fund trading, automatic payment, foreign exchange trading, safe deposit box rentals, checks, money transfer, investment banking, and phone and internet banking.
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