Agencia Comercial Spirits Ltd.’s Lock-Up Period Will Expire on April 20th (NASDAQ:AGCC)

Agencia Comercial Spirits’ (NASDAQ:AGCCGet Free Report) lock-up period will expire on Monday, April 20th. Agencia Comercial Spirits had issued 1,750,000 shares in its public offering on October 22nd. The total size of the offering was $7,000,000 based on an initial share price of $4.00. After the end of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on Agencia Comercial Spirits in a research report on Friday, January 16th. They issued a “sell (e-)” rating for the company. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

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Agencia Comercial Spirits Stock Down 0.9%

Shares of AGCC opened at $15.02 on Wednesday. Agencia Comercial Spirits has a one year low of $3.66 and a one year high of $24.98. The company has a 50-day simple moving average of $14.07.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Agencia Comercial Spirits stock. Geode Capital Management LLC purchased a new stake in Agencia Comercial Spirits Ltd. (NASDAQ:AGCCFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,730 shares of the company’s stock, valued at approximately $114,000.

Agencia Comercial Spirits Company Profile

(Get Free Report)

Agencia Comercial Spirits Ltd is an exempted company with limited liability incorporated under the laws of the Cayman Islands. As Agencia Comercial Spirits Ltd is a holding company with no material operations of its own, our operations are conducted through our indirect wholly owned operating subsidiary Agencia Comercial Co, Ltd (“Agencia Taiwan”) in Taiwan. Agencia Taiwan was formally registered and established in July 2020, and is committed to offering imported whiskies of world-class quality and excellent services to its clients.

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