Zacks Investment Research Lowers Agile Group (OTCMKTS:AGPYY) to Hold

Agile Group (OTCMKTS:AGPYY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks.com reports.

According to Zacks, “Agile Property Holdings Limited is engaged in the business of property development and operation, with extensive involvement in property management, commercial property and hotel operation. The company develops property development projects in several key cities of China, specifically in Guangzhou, Zhongshan, Foshan, Heyuan, Huizhou, Shanghai, Nanjing, Chengdu, Xi’an, Chongqing and Hainan. Agile Property Holdings Limited is headquartered in Zhongshan, China. “

AGPYY remained flat at $$64.95 during midday trading on Tuesday. Agile Group has a 52 week low of $64.95 and a 52 week high of $64.95. The company has a 50 day moving average of $66.19 and a two-hundred day moving average of $66.83. The stock has a market cap of $5.09 billion, a PE ratio of 4.64 and a beta of 0.89.

About Agile Group

Agile Group Holdings Limited, an investment holding company, engages in the property development, property management, hotel operation, property investment, environmental protection, and other businesses in the People's Republic of China. As of December 31, 2019, the company had a land bank with a total gross floor area of 39.70 million square meters in 75 cities located in Southern China region, Eastern China region, Western China region, Central China region, Hainan and Yunnan region, Northeast China region, Northern China region, Hong Kong, and internationally.

See Also: What is a Fibonacci Channel?

Get a free copy of the Zacks research report on Agile Group (AGPYY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Agile Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agile Group and related companies with MarketBeat.com's FREE daily email newsletter.