Ag Growth International Inc. (TSE:AFN) Senior Officer Purchases C$144,040.00 in Stock

Ag Growth International Inc. (TSE:AFN - Get Free Report) Senior Officer Paul David Householder purchased 4,000 shares of the firm's stock in a transaction that occurred on Friday, March 7th. The shares were bought at an average price of C$36.01 per share, with a total value of C$144,040.00.

Ag Growth International Stock Performance

Shares of TSE AFN traded down C$0.21 during trading hours on Wednesday, hitting C$36.58. 144,363 shares of the company's stock were exchanged, compared to its average volume of 117,776. The stock has a market capitalization of C$699.14 million, a price-to-earnings ratio of 29.21, a PEG ratio of 1.30 and a beta of 2.29. The company's 50-day moving average price is C$39.56 and its 200-day moving average price is C$48.01. The company has a debt-to-equity ratio of 277.31, a current ratio of 1.41 and a quick ratio of 0.84. Ag Growth International Inc. has a 1-year low of C$31.60 and a 1-year high of C$64.31.

Ag Growth International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date was Tuesday, December 31st. Ag Growth International's dividend payout ratio (DPR) is currently 47.90%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Desjardins lowered their target price on Ag Growth International from C$57.00 to C$49.00 and set a "buy" rating on the stock in a research note on Friday, March 7th. National Bankshares dropped their price objective on Ag Growth International from C$55.00 to C$51.00 and set an "outperform" rating on the stock in a report on Friday, March 7th. CIBC reduced their target price on shares of Ag Growth International from C$56.00 to C$48.00 and set an "outperform" rating for the company in a research note on Friday, March 7th. Royal Bank of Canada decreased their price objective on shares of Ag Growth International from C$45.00 to C$40.00 and set a "sector perform" rating for the company in a report on Friday, March 7th. Finally, Atb Cap Markets lowered Ag Growth International from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 14th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of C$50.25.

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About Ag Growth International

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.