Ag Growth International Inc. (OTCMKTS:AGGZF) Receives Average Recommendation of “Moderate Buy” from Brokerages

Ag Growth International Inc. (OTCMKTS:AGGZF) has been assigned an average rating of “Moderate Buy” from the five ratings firms that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.

Several equities analysts have issued reports on the stock. CIBC reissued a “neutral” rating on shares of Ag Growth International in a research note on Monday. Raymond James Financial lowered shares of Ag Growth International from an “outperform” rating to a “market perform” rating in a report on Friday, November 14th. Desjardins reiterated a “buy” rating on shares of Ag Growth International in a report on Monday. Finally, National Bankshares reissued an “outperform” rating on shares of Ag Growth International in a research report on Monday, December 1st.

Ag Growth International Price Performance

Ag Growth International stock traded down $1.91 during midday trading on Monday, hitting $18.92. The company’s stock had a trading volume of 300 shares, compared to its average volume of 8,517. The company has a 50-day moving average price of $17.50 and a two-hundred day moving average price of $24.94. Ag Growth International has a 1-year low of $13.10 and a 1-year high of $31.65.

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.