AGL Energy (OTCMKTS:AGLNF) Trading 1.9% Higher – Should You Buy?

AGL Energy Limited (OTCMKTS:AGLNF) rose 1.9% on Monday . The stock traded as high as $6.1715 and last traded at $6.1715. Approximately 11,022 shares were traded during trading, an increase of 492% from the average daily volume of 1,861 shares. The stock had previously closed at $6.0575.

Analyst Upgrades and Downgrades

AGLNF has been the topic of several recent research reports. The Goldman Sachs Group raised AGL Energy from a “neutral” rating to a “buy” rating in a research note on Wednesday, August 13th. Royal Bank Of Canada raised shares of AGL Energy from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, December 3rd. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy”.

AGL Energy Stock Performance

The stock has a 50 day simple moving average of $6.01 and a 200-day simple moving average of $6.16.

AGL Energy Company Profile

AGL Energy Limited supplies energy and other essential services to residential, small and large businesses, and wholesale customers in Australia. It operates through three segments: Customer Markets, Integrated Energy, and Investments. The company engages in retailing of electricity, gas, broadband, mobile, voice, solar, and energy products and services; and operates power generation portfolio and other assets including coal, gas and renewable generation, natural gas storage and production, and development projects.