Bullish move on Agrium Inc. (NYSE:AGU)

by Josh Agrium Inc. ($AGU) is crossing above the 200 day moving average today. AGU was last at $91.13 on a volume of 268,292 shares. Shares found short term support off of the 20 day during trading in the prior shortened trading week.

Technical traders view the 200 day as long term support or resistance. Stocks trading above the 200 day are deemed to be in a bullish uptrend. In addition to the 200 day, AGU is testing prior resistance at the top of the coil pattern shares have been forming this summer.

52 Week Range $77.19-$115.31 Market Cap 13,209,982,746 Average Volume 1,063,665 Dividend Yield 3.33% Institutional Ownership 71.10% Insider Ownership: 0.00% Percentage of Float Short 1.30% Beta 1.43

Agrium Inc. Agrium Inc is a retail supplier of agricultural products and services in North and South America and producer and marketer of agricultural nutrients and industrial products. The Company produces nitrogen, phosphate and potash.

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