Ag Growth International Inc. (OTCMKTS:AGGZF) Receives Average Rating of “Moderate Buy” from Analysts

Ag Growth International Inc. (OTCMKTS:AGGZF) has been assigned an average rating of “Moderate Buy” from the six research firms that are currently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

Separately, TD Securities lowered shares of Ag Growth International from a “buy” rating to a “hold” rating in a research report on Monday.

Ag Growth International Stock Down 21.7%

AGGZF stock traded down $1.48 during mid-day trading on Monday, hitting $5.36. The company had a trading volume of 3,050 shares, compared to its average volume of 13,315. Ag Growth International has a 12-month low of $5.36 and a 12-month high of $26.83. The company has a 50-day moving average price of $10.54 and a 200 day moving average price of $13.68.

Ag Growth International Company Profile

Ag Growth International Inc is a Canada-based manufacturer of equipment and systems used in the agriculture and food-processing industries. Operating under the AGI brand, the company provides solutions for handling, storing, conditioning, processing and managing bulk materials.

Its product portfolio includes grain bins and storage systems, conveyors, augers, grain dryers, aeration and grain-management equipment, as well as systems for seed, fertilizer and feed handling. AGI also supplies equipment and integrated solutions for commercial grain facilities, farm operations, feed mills, fertilizer plants and food-processing applications.

Founded in 1996 and headquartered in Winnipeg, Manitoba, Ag Growth International serves agricultural and industrial customers through operations, sales channels and distribution networks in North America and international markets.