Ag Growth International Inc. (TSE:AFN - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$38.67 and traded as high as C$43.54. Ag Growth International shares last traded at C$43.31, with a volume of 51,669 shares trading hands.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on AFN shares. CIBC decreased their price objective on shares of Ag Growth International from C$52.00 to C$49.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 7th. ATB Capital lifted their price objective on shares of Ag Growth International from C$43.00 to C$47.00 and gave the company a "sector perform" rating in a research note on Thursday, June 19th. Royal Bank Of Canada raised shares of Ag Growth International from a "sector perform" rating to an "outperform" rating and lifted their price objective for the company from C$40.00 to C$50.00 in a research note on Thursday, May 8th. Desjardins raised shares of Ag Growth International to a "moderate buy" rating in a research note on Monday, June 9th. Finally, National Bankshares lifted their price objective on shares of Ag Growth International from C$49.00 to C$51.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of C$49.43.
Read Our Latest Research Report on AFN
Ag Growth International Trading Down 0.2%
The business's 50 day simple moving average is C$39.81 and its two-hundred day simple moving average is C$38.46. The stock has a market cap of C$821.66 million, a P/E ratio of 34.32, a PEG ratio of 1.30 and a beta of 2.29. The company has a quick ratio of 0.84, a current ratio of 1.41 and a debt-to-equity ratio of 277.31.
About Ag Growth International
(
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Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.
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