Agencia Comercial Spirits (NASDAQ:AGCC) Trading 11.4% Higher – Time to Buy?

Agencia Comercial Spirits Ltd. (NASDAQ:AGCC)’s stock price shot up 11.4% during mid-day trading on Monday . The stock traded as high as $15.05 and last traded at $14.85. 10,508 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 74,895 shares. The stock had previously closed at $13.33.

Analyst Ratings Changes

Separately, Weiss Ratings began coverage on shares of Agencia Comercial Spirits in a report on Friday, January 16th. They issued a “sell (e-)” rating for the company. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Agencia Comercial Spirits Stock Performance

The company has a 50 day moving average of $10.82.

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 bought a new position in shares of Agencia Comercial Spirits Ltd. (NASDAQ:AGCC) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 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.