AGF Management (OTCMKTS:AGFMF) Share Price Passes Above Fifty Day Moving Average – Here’s Why

AGF Management Limited (OTCMKTS:AGFMF)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $12.51 and traded as high as $13.72. AGF Management shares last traded at $13.72, with a volume of 28,759 shares traded.

Analyst Ratings Changes

A number of brokerages recently weighed in on AGFMF. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of AGF Management in a research note on Thursday. Scotiabank reissued a “sector perform” rating on shares of AGF Management in a research note on Monday, April 13th. Finally, BMO Capital Markets reissued a “market perform” rating on shares of AGF Management in a research note on Monday. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

AGF Management Stock Down 3.3%

The company has a fifty day moving average price of $12.51 and a two-hundred day moving average price of $12.98.

AGF Management Company Profile

AGF Management Limited is a Canadian-based investment management firm that offers a broad suite of products and services to retail, institutional and private wealth clients. The company’s core offerings include mutual funds, exchange-traded funds (ETFs), managed solutions and separately managed accounts. AGF’s investment platforms span equity, fixed-income, multi-asset and alternative strategies, allowing clients to access active management and customized portfolio solutions.

Founded in 1957 and headquartered in Toronto, AGF Management operates additional offices in Montreal and other locations across Canada.