Ag Growth International Inc. (TSE:AFN - Get Free Report) insider Paul Brisebois bought 32,000 shares of Ag Growth International stock in a transaction dated Thursday, March 26th. The stock was acquired at an average cost of C$17.09 per share, for a total transaction of C$546,880.00. Following the purchase, the insider directly owned 48,086 shares in the company, valued at approximately C$821,789.74. The trade was a 198.93% increase in their position.
Ag Growth International Stock Up 3.8%
Shares of TSE:AFN opened at C$18.68 on Tuesday. The company has a debt-to-equity ratio of 408.06, a current ratio of 1.28 and a quick ratio of 0.84. The stock has a market cap of C$352.30 million, a price-to-earnings ratio of -13.25, a P/E/G ratio of 1.30 and a beta of 0.52. The company has a 50 day moving average of C$27.29 and a 200-day moving average of C$28.62. Ag Growth International Inc. has a one year low of C$13.60 and a one year high of C$44.84.
Ag Growth International (TSE:AFN - Get Free Report) last announced its quarterly earnings data on Wednesday, March 25th. The company reported C($2.62) earnings per share for the quarter. Ag Growth International had a negative net margin of 1.86% and a negative return on equity of 9.21%. The business had revenue of C$395.77 million during the quarter. On average, sell-side analysts forecast that Ag Growth International Inc. will post 6.5761006 earnings per share for the current year.
Analysts Set New Price Targets
AFN has been the topic of several recent research reports. Cormark set a C$35.00 price target on Ag Growth International and gave the stock a "hold" rating in a research report on Monday, January 12th. Canadian Imperial Bank of Commerce dropped their price objective on Ag Growth International from C$32.00 to C$18.00 in a report on Thursday, March 26th. Raymond James Financial cut their target price on Ag Growth International from C$30.00 to C$25.00 in a research note on Thursday, March 26th. Desjardins reduced their target price on Ag Growth International from C$47.00 to C$40.00 and set a "buy" rating on the stock in a report on Monday, January 12th. Finally, Royal Bank Of Canada boosted their target price on Ag Growth International from C$25.00 to C$30.00 and gave the stock a "sector perform" rating in a research report on Tuesday, January 13th. Three research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of C$28.75.
View Our Latest Stock Analysis on Ag Growth International
About Ag Growth International
(
Get Free Report)
Ag Growth International Inc manufactures portable and stationary grain handling, storage, and conditioning equipment, including augers, belt conveyors, grain storage bins, grain handling accessories, grain aeration equipment, and grain drying systems. The company operates mainly in Portable handling, permanent handling, storage and conditioning, livestock, and manufacturing sectors. Some of its brands are batco, wheatheart, westfield, storm, rem, hi roller, union iron, hsi, tramco, ptm, vis, nuvision, twister, grain guard, airlanco, westeel, frame, and entringer.
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