Agencia Comercial Spirits (NASDAQ:AGCC) Trading Up 3.7% – Time to Buy?

Agencia Comercial Spirits Ltd. (NASDAQ:AGCC) shares shot up 3.7% on Friday . The company traded as high as $10.75 and last traded at $9.81. 26,088 shares traded hands during trading, a decline of 58% from the average session volume of 61,578 shares. The stock had previously closed at $9.46.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on AGCC shares. Weiss Ratings assumed coverage on Agencia Comercial Spirits in a report on Friday, January 16th. They issued a “sell (e-)” rating for the company. Wall Street Zen upgraded Agencia Comercial Spirits to a “hold” rating in a research report on Saturday, November 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Agencia Comercial Spirits currently has an average rating of “Sell”.

Agencia Comercial Spirits Stock Up 3.7%

The business has a fifty day moving average of $10.11.

About Agencia Comercial Spirits

Agencia Comercial Spirits Ltd is an exempted company with limited liability incorporated under the laws of the Cayman Islands. As Agencia Comercial Spirits Ltd is a holding company with no material operations of its own, our operations are conducted through our indirect wholly owned operating subsidiary Agencia Comercial Co, Ltd (“Agencia Taiwan”) in Taiwan. Agencia Taiwan was formally registered and established in July 2020, and is committed to offering imported whiskies of world-class quality and excellent services to its clients.