Shares of Ag Growth International Inc. (TSE:AFN - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$52.29 and traded as high as C$52.66. Ag Growth International shares last traded at C$52.30, with a volume of 69,531 shares traded.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on AFN shares. Royal Bank of Canada decreased their price target on Ag Growth International from C$80.00 to C$75.00 in a report on Thursday, November 7th. TD Securities decreased their price target on shares of Ag Growth International from C$79.00 to C$77.00 and set a "buy" rating on the stock in a research note on Monday, August 12th. Raymond James downgraded shares of Ag Growth International from an "outperform" rating to a "market perform" rating and cut their price objective for the stock from C$72.00 to C$62.00 in a research report on Friday, October 18th. Finally, CIBC decreased their target price on Ag Growth International from C$75.00 to C$70.00 in a research report on Thursday, November 7th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of C$74.38.
Check Out Our Latest Research Report on Ag Growth International
Ag Growth International Price Performance
The company has a fifty day simple moving average of C$52.18 and a two-hundred day simple moving average of C$52.29. The company has a debt-to-equity ratio of 298.35, a quick ratio of 0.84 and a current ratio of 1.49. The stock has a market capitalization of C$1.01 billion, a price-to-earnings ratio of 34.41, a PEG ratio of 1.30 and a beta of 2.29.
Ag Growth International Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 27th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.13%. The ex-dividend date was Friday, September 27th. Ag Growth International's dividend payout ratio (DPR) is 39.47%.
About Ag Growth International
(
Get Free Report)
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.
Featured Articles
Before you consider Ag Growth International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ag Growth International wasn't on the list.
While Ag Growth International currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
