Ag Growth International Inc. (OTCMKTS:AGGZF) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Ag Growth International Inc. (OTCMKTS:AGGZF) have earned a consensus rating of “Moderate Buy” from the five research firms that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

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

Ag Growth International Stock Performance

AGGZF traded down $1.91 during trading on Monday, reaching $18.92. 300 shares of the company were exchanged, compared to its average volume of 8,517. Ag Growth International has a 12-month low of $13.10 and a 12-month high of $31.65. The company’s 50-day moving average is $17.50 and its two-hundred day moving average is $24.94.

Ag Growth International Company Profile

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.