Ag Growth International (OTCMKTS:AGGZF) Stock Price Up 0.7% – Here’s Why

Ag Growth International Inc. (OTCMKTS:AGGZF)’s stock price rose 0.7% during trading on Tuesday . The company traded as high as $13.62 and last traded at $13.62. Approximately 1,444 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 11,154 shares. The stock had previously closed at $13.53.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on AGGZF shares. Desjardins reissued a “buy” rating on shares of Ag Growth International in a report on Monday, January 12th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Ag Growth International in a report on Tuesday, January 13th. Finally, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Ag Growth International in a research report on Monday, January 12th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Ag Growth International Trading Up 0.7%

The firm’s 50-day moving average is $17.26 and its 200-day moving average is $19.17.

About Ag Growth International

AG Growth International Inc is a Canada‐based designer, manufacturer and distributor of products used in grain handling, storage, conditioning and food processing. The company’s portfolio includes equipment for grain systems operations, such as vertical and horizontal storage bins, mechanical conveyors, grain dryers, aeration systems and climate controls. In addition to its core ag handling business, AG Growth offers liquid handling solutions, including portable tanker trailers, poly tanks, pumps and related accessories, addressing the needs of agricultural, commercial and industrial customers.

Founded in the mid-1990s and headquartered in Winnipeg, Manitoba, AG Growth International has grown through a combination of internal product development and strategic acquisitions of established equipment manufacturers.