AGF Management (OTCMKTS:AGFMF) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

AGF Management Limited (OTCMKTS:AGFMF)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $13.81 and traded as high as $17.03. AGF Management shares last traded at $17.0039, with a volume of 7,445 shares.

Analyst Upgrades and Downgrades

AGFMF has been the subject of a number of research analyst reports. BMO Capital Markets restated a “market perform” rating on shares of AGF Management in a research report on Monday, June 22nd. Royal Bank Of Canada reiterated an “outperform” rating on shares of AGF Management in a research report on Thursday, June 25th. Finally, Scotiabank reissued a “sector perform” rating on shares of AGF Management in a research note on Monday, April 13th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, AGF Management currently has an average rating of “Moderate Buy”.

AGF Management Stock Performance

The firm has a 50 day moving average price of $14.76 and a two-hundred day moving average price of $13.81.

About AGF Management

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.