AGF Management (OTCMKTS:AGFMF) Shares Cross Above 50-Day Moving Average – Here’s What Happened

Shares of AGF Management Limited (OTCMKTS:AGFMF) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $11.38 and traded as high as $13.47. AGF Management shares last traded at $13.47, with a volume of 1,334 shares changing hands.

Analyst Ratings Changes

AGFMF has been the topic of several analyst reports. BMO Capital Markets reiterated a “market perform” rating on shares of AGF Management in a report on Monday. Desjardins reiterated a “buy” rating on shares of AGF Management in a research note on Thursday, January 22nd. Scotiabank reissued a “sector perform” rating on shares of AGF Management in a research report on Friday. Finally, Royal Bank Of Canada assumed coverage on AGF Management in a research note on Wednesday, December 10th. They issued an “outperform” rating on the stock. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

AGF Management Trading Up 7.9%

The stock has a fifty day moving average of $11.38 and a two-hundred day moving average of $10.18.

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.