Agencia Comercial Spirits (NASDAQ:AGCC) Stock Price Up 11.4% – What’s Next?

Agencia Comercial Spirits Ltd. (NASDAQ:AGCC) shares rose 11.4% during trading on Monday . The stock traded as high as $15.05 and last traded at $14.85. Approximately 10,508 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 74,895 shares. The stock had previously closed at $13.33.

Analyst Upgrades and Downgrades

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

Agencia Comercial Spirits Stock Up 11.0%

The business has a fifty day moving average of $10.82.

Institutional Trading of Agencia Comercial Spirits

A hedge fund recently bought a new stake in Agencia Comercial Spirits stock. Geode Capital Management LLC purchased a new position in shares of Agencia Comercial Spirits Ltd. (NASDAQ:AGCC) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 11,730 shares of the company’s stock, valued at approximately $114,000.

About Agencia Comercial Spirits

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.