Agencia Comercial Spirits (NASDAQ:AGCC) Sets New 1-Year High – Time to Buy?

Agencia Comercial Spirits Ltd. (NASDAQ:AGCC) shares reached a new 52-week high on Monday . The company traded as high as $19.36 and last traded at $19.36, with a volume of 3262 shares. The stock had previously closed at $18.11.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings began coverage on Agencia Comercial Spirits in a research report on Friday, January 16th. They issued a “sell (e-)” rating for the company. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Agencia Comercial Spirits Stock Performance

The firm’s fifty day moving average price is $11.63.

Institutional Trading of Agencia Comercial Spirits

A hedge fund recently bought a new stake in Agencia Comercial Spirits stock. Geode Capital Management LLC purchased a new position in shares of Agencia Comercial Spirits Ltd. (NASDAQ:AGCC) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 11,730 shares of the company’s stock, valued at approximately $114,000.

Agencia Comercial Spirits Company Profile

Agencia Comercial Spirits Ltd is an exempted company with limited liability incorporated under the laws of the Cayman Islands. As Agencia Comercial Spirits Ltd is a holding company with no material operations of its own, our operations are conducted through our indirect wholly owned operating subsidiary Agencia Comercial Co, Ltd (“Agencia Taiwan”) in Taiwan. Agencia Taiwan was formally registered and established in July 2020, and is committed to offering imported whiskies of world-class quality and excellent services to its clients.