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

AGF Management Limited (OTCMKTS:AGFMF)’s share price passed 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 traded.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on AGFMF shares. Scotiabank restated a “sector perform” rating on shares of AGF Management in a report on Monday, April 13th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of AGF Management in a research note on Thursday, June 25th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of AGF Management in a research report on Monday, June 22nd. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

AGF Management Stock Performance

The company has a fifty day moving average price of $14.76 and a 200-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.