Ag Growth International (OTCMKTS:AGGZF) Trading Down 0.4% – What’s Next?

Ag Growth International Inc. (OTCMKTS:AGGZF) shares were down 0.4% during mid-day trading on Thursday . The company traded as low as $21.86 and last traded at $21.89. Approximately 1,906 shares were traded during trading, a decline of 86% from the average daily volume of 13,673 shares. The stock had previously closed at $21.97.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on AGGZF shares. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Ag Growth International in a research note on Tuesday, January 13th. Raymond James Financial cut shares of Ag Growth International from an “outperform” rating to a “market perform” rating in a research report on Friday, November 14th. National Bankshares reiterated an “outperform” rating on shares of Ag Growth International in a research note on Monday, December 1st. Desjardins reissued a “buy” rating on shares of Ag Growth International in a research note on Monday, January 12th. Finally, CIBC reaffirmed a “neutral” rating on shares of Ag Growth International in a research report on Monday, January 12th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Ag Growth International has an average rating of “Moderate Buy”.

Ag Growth International Stock Down 0.4%

The company’s 50 day simple moving average is $18.53 and its two-hundred day simple moving average is $23.74.

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.