Agencia Comercial Spirits (NASDAQ:AGCC) Sets New 12-Month High – Time to Buy?

Agencia Comercial Spirits Ltd. (NASDAQ:AGCC) shares hit a new 52-week high on Monday . The company traded as high as $19.36 and last traded at $19.36, with a volume of 3262 shares trading hands. The stock had previously closed at $18.11.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on shares of Agencia Comercial Spirits in a report on Friday, January 16th. They issued a “sell (e-)” rating for the company. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Agencia Comercial Spirits presently has a consensus rating of “Sell”.

Agencia Comercial Spirits Trading Up 9.2%

The firm’s fifty day simple moving average is $11.31.

Institutional Investors Weigh In On Agencia Comercial Spirits

An institutional investor recently bought a new position in Agencia Comercial Spirits stock. Geode Capital Management LLC purchased a new stake in shares of Agencia Comercial Spirits Ltd. (NASDAQ:AGCC) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 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.