AGL Energy (OTCMKTS:AGLNF) Trading Down 6.5%

AGL Energy Limited (OTCMKTS:AGLNFGet Rating) dropped 6.5% during mid-day trading on Tuesday . The company traded as low as $5.90 and last traded at $5.90. Approximately 500 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 1,732 shares. The stock had previously closed at $6.31.

Separately, JPMorgan Chase & Co. downgraded shares of AGL Energy from an “overweight” rating to a “neutral” rating in a report on Monday, May 9th.

The business has a fifty day moving average of $6.23 and a 200-day moving average of $5.43.

AGL Energy Company Profile (OTCMKTS:AGLNF)

AGL Energy Limited supplies energy and other services to residential, small and large businesses, and wholesale customers in Australia. It operates in three segments: Customer Markets, Integrated Energy, and Investments. The company engages in generating electricity through thermal, hydro, wind, and solar power generation plants; gas storage activities; and the retail sale of electricity, gas, solar, and energy products and services.

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