AGF Management (OTCMKTS:AGFMF) Stock Passes Above 50-Day Moving Average – Time to Sell?

AGF Management Limited (OTCMKTS:AGFMF) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $13.54 and traded as high as $14.03. AGF Management shares last traded at $13.97, with a volume of 1,234 shares trading hands.

Analyst Ratings Changes

Several research firms have recently weighed in on AGFMF. Scotiabank reiterated a “sector perform” rating on shares of AGF Management in a research note on Friday, January 23rd. TD Securities restated a “buy” rating on shares of AGF Management in a research note on Wednesday, January 28th. BMO Capital Markets reiterated a “market perform” rating on shares of AGF Management in a research report on Monday, January 26th. Desjardins reiterated a “buy” rating on shares of AGF Management in a research note on Thursday, January 22nd. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of AGF Management in a research report on Wednesday, January 28th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

AGF Management Price Performance

The company has a 50-day moving average price of $13.54 and a two-hundred day moving average price of $11.47.

About AGF Management

AGF Management Limited is a Canadian-based investment management firm that offers a broad suite of products and services to retail, institutional and private wealth clients. The company’s core offerings include mutual funds, exchange-traded funds (ETFs), managed solutions and separately managed accounts. AGF’s investment platforms span equity, fixed-income, multi-asset and alternative strategies, allowing clients to access active management and customized portfolio solutions.

Founded in 1957 and headquartered in Toronto, AGF Management operates additional offices in Montreal and other locations across Canada.