Australia and New Zealand Banking (OTCMKTS:ANZBY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Tuesday.
According to Zacks, “Austria and New Zealand Banking’s principal activities are the provision of general banking services, hire purchase and general finance, life assurance, property development, mortgage lending and other financial services. The Group operates within Australia, New Zealand, Europe, Asia, the Americas and the Middle East. “
Australia and New Zealand Banking (ANZBY) traded up $0.10 during trading on Tuesday, hitting $21.64. 43,480 shares of the company’s stock traded hands, compared to its average volume of 36,153. Australia and New Zealand Banking has a one year low of $20.45 and a one year high of $24.85. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.16 and a current ratio of 1.16.
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Australia and New Zealand Banking Group Limited provides a range of banking and financial products and services. The Company’s segments include Australia; New Zealand; Institutional; Asia Retail & Pacific; Wealth Australia, and Technology, Services and Operations (TSO) and Group Centre. The Company’s operations span Australia, New Zealand, and a number of countries in the Asia Pacific region, the United Kingdom, France, Germany and the United States.
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