Ag Growth International (AGGZF) Expected to Announce Earnings on Friday

Ag Growth International (OTCMKTS:AGGZF) is expected to issue its results before the market opens on Friday, November 28th. Analysts expect the company to announce earnings of $0.7730 per share and revenue of $359.3070 million for the quarter.

Ag Growth International Price Performance

OTCMKTS:AGGZF traded down $0.59 during mid-day trading on Friday, reaching $13.21. The stock had a trading volume of 32,200 shares, compared to its average volume of 5,966. Ag Growth International has a twelve month low of $13.10 and a twelve month high of $39.08. The business has a 50 day simple moving average of $24.54 and a 200 day simple moving average of $27.96.

Ag Growth International Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, October 15th. Stockholders of record on Wednesday, October 1st were paid a dividend of $0.1091 per share. This represents a dividend yield of 159.0%. The ex-dividend date of this dividend was Tuesday, September 30th. Ag Growth International’s dividend payout ratio is 77.61%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AGGZF. TD Securities restated a “buy” rating on shares of Ag Growth International in a research note on Tuesday, August 5th. Raymond James Financial lowered shares of Ag Growth International from an “outperform” rating to a “market perform” rating in a research report on Friday, November 14th. Finally, CIBC downgraded shares of Ag Growth International from an “outperform” rating to a “neutral” rating in a report on Monday. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Ag Growth International has a consensus rating of “Hold”.

Ag Growth International Company Profile

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.