AGT Food and Ingredients Inc (TSE:AGT) insider Financial Holdings Lim Fairfax bought 183,700 shares of the business’s stock in a transaction that occurred on Monday, March 12th. The stock was purchased at an average cost of C$16.25 per share, for a total transaction of C$2,985,125.00.
Shares of AGT Food and Ingredients Inc (TSE AGT) traded up C$0.53 during midday trading on Wednesday, reaching C$16.66. The company had a trading volume of 82,700 shares, compared to its average volume of 98,137. AGT Food and Ingredients Inc has a 52-week low of C$14.75 and a 52-week high of C$33.54. The firm has a market cap of $403.78, a P/E ratio of -12.07 and a beta of 0.35.
Several research analysts recently weighed in on AGT shares. CIBC cut their target price on AGT Food and Ingredients from C$24.00 to C$20.00 in a research report on Monday, March 5th. BMO Capital Markets cut their target price on AGT Food and Ingredients from C$27.50 to C$22.00 in a research report on Thursday, March 8th. Finally, Raymond James Financial cut their target price on AGT Food and Ingredients from C$22.00 to C$21.00 and set a “market perform” rating on the stock in a research report on Tuesday, January 9th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of C$21.90.
About AGT Food and Ingredients
AGT Food and Ingredients Inc (AGT), formerly Alliance Grain Traders Inc, is a processor and splitter of pulse crops. The Company is engaged in pulse and staple food processing and distribution, with processing facilities and sales offices located around the world. It operates in three segments: Pulse and Grain Processing, which includes the operations of AGT subsidiaries and facilities in Canada, the United States, Australia, China and a portion of the operations in Turkey; Trading and Distribution, which includes operations in Europe, Russia, India and a portion of the operations in Canada, Turkey and Australia, and Food Ingredients and Packaged Foods, which include subsidiaries and facilities in the United States, Canada, South Africa and a portion of the operations in Turkey.
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