AGF Management (OTCMKTS:AGFMF) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

AGF Management Limited (OTCMKTS:AGFMF)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $13.09 and traded as high as $15.29. AGF Management shares last traded at $15.29, with a volume of 14,537 shares.

Wall Street Analysts Forecast Growth

AGFMF has been the subject of several analyst reports. Scotiabank reissued a “sector perform” rating on shares of AGF Management in a research report on Monday, April 13th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of AGF Management in a research report on Thursday, June 25th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of AGF Management in a research note on Monday, June 22nd. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

AGF Management Price Performance

The company’s 50-day simple moving average is $13.09 and its two-hundred day simple moving average is $13.19.

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.