Agencia Comercial Spirits (NASDAQ:AGCC) Downgraded to “Sell” Rating by Wall Street Zen

Wall Street Zen cut shares of Agencia Comercial Spirits (NASDAQ:AGCC) from a hold rating to a sell rating in a report issued on Saturday morning.

Separately, Weiss Ratings initiated coverage on Agencia Comercial Spirits in a research report on Friday, January 16th. They set a “sell (e-)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Agencia Comercial Spirits presently has an average rating of “Sell”.

Agencia Comercial Spirits Stock Performance

AGCC stock opened at $17.50 on Friday. Agencia Comercial Spirits has a twelve month low of $3.66 and a twelve month high of $25.73. The company’s 50-day moving average is $16.95.

Agencia Comercial Spirits (NASDAQ:AGCC) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.00 earnings per share for the quarter. The company had revenue of $2.16 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Agencia Comercial Spirits stock. Geode Capital Management LLC acquired a new stake in shares of Agencia Comercial Spirits Ltd. (NASDAQ:AGCC) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 11,730 shares of the company’s stock, valued at approximately $114,000.

Agencia Comercial Spirits Company Profile

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.