AGF Management (OTCMKTS:AGFMF) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

AGF Management Limited (OTCMKTS:AGFMF)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $12.69 and traded as high as $13.04. AGF Management shares last traded at $12.88, with a volume of 798 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on AGFMF shares. BMO Capital Markets restated a “market perform” rating on shares of AGF Management in a report on Wednesday, April 8th. Scotiabank restated a “sector perform” rating on shares of AGF Management in a report on Monday, April 13th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, AGF Management presently has a consensus rating of “Moderate Buy”.

AGF Management Stock Up 4.6%

The firm’s fifty day moving average price is $12.69 and its 200 day moving average price is $12.64.

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.