Ag Growth International Inc. (TSE:AFN - Get Free Report) Director Janet Giesselman bought 6,000 shares of Ag Growth International stock in a transaction on Friday, March 7th. The shares were purchased at an average cost of C$36.35 per share, for a total transaction of C$218,076.00.
Ag Growth International Trading Up 2.8 %
TSE AFN opened at C$36.20 on Friday. Ag Growth International Inc. has a 12 month low of C$31.60 and a 12 month high of C$64.43. The company has a debt-to-equity ratio of 277.31, a current ratio of 1.41 and a quick ratio of 0.84. The company has a market capitalization of C$691.88 million, a price-to-earnings ratio of 28.90, a price-to-earnings-growth ratio of 1.30 and a beta of 2.29. The company's fifty day moving average price is C$40.72 and its two-hundred day moving average price is C$48.57.
Ag Growth International Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th were given a $0.15 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.66%. Ag Growth International's payout ratio is currently 47.90%.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the stock. Desjardins dropped their price objective on shares of Ag Growth International from C$57.00 to C$49.00 and set a "buy" rating for the company in a report on Friday. TD Securities dropped their price objective on shares of Ag Growth International from C$57.00 to C$48.00 and set a "buy" rating for the company in a report on Wednesday. CIBC lowered their price target on shares of Ag Growth International from C$56.00 to C$48.00 and set an "outperform" rating for the company in a report on Friday. Atb Cap Markets lowered shares of Ag Growth International from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 14th. Finally, Royal Bank of Canada lowered their target price on shares of Ag Growth International from C$45.00 to C$40.00 and set a "sector perform" rating on the stock in a research report on Friday. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of C$50.50.
Get Our Latest Analysis on Ag Growth International
About Ag Growth International
(
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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.
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