AgileThought (NASDAQ:AGIL) Downgraded to Sell at Zacks Investment Research

AgileThought (NASDAQ:AGILGet Rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Monday, Zacks.com reports.

According to Zacks, “AgileThought Inc. is a provider of digital transformation services, custom software development and next-generation technologies. It serves architects, developers, data scientists, engineers, transformation consultants, automation specialists and other experts. AgileThought Inc., formerly known as LIV Capital Acquisition Corp., is based in IRVING, Texas. “

AGIL stock traded down $0.23 during mid-day trading on Monday, reaching $4.45. The company had a trading volume of 878 shares, compared to its average volume of 46,952. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a 50 day moving average of $4.83 and a 200 day moving average of $6.36. AgileThought has a 12 month low of $3.95 and a 12 month high of $36.13.

A number of large investors have recently bought and sold shares of AGIL. JPMorgan Chase & Co. purchased a new stake in AgileThought during the fourth quarter valued at approximately $40,000. Robeco Institutional Asset Management B.V. raised its stake in shares of AgileThought by 80.2% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 10,616 shares of the company’s stock valued at $50,000 after buying an additional 4,726 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in shares of AgileThought in the 4th quarter valued at $121,000. CAPROCK Group Inc. purchased a new position in AgileThought during the fourth quarter worth approximately $123,000. Finally, Renaissance Technologies LLC purchased a new position in AgileThought during the fourth quarter valued at $137,000. 26.08% of the stock is owned by institutional investors.

About AgileThought (Get Rating)

AgileThought, Inc provides digital transformation services in the United States and Latin America. It offers product management services comprising AgileIgnite and DevOpsIgnite; user experience, application engineering, modernization and mobility, advanced data analytics, cloud architecture and migration, automation, and artificial intelligence and machine learning services.

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