Agrify Co. (NASDAQ:AGFY - Get Free Report) Director Timothy Mahoney sold 7,232 shares of the company's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $23.83, for a total value of $172,338.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Agrify Price Performance
Agrify stock traded down $1.62 on Monday, reaching $25.90. The company's stock had a trading volume of 9,521 shares, compared to its average volume of 245,267. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.10 and a current ratio of 0.75. The company has a market cap of $50.56 million, a price-to-earnings ratio of -1.85 and a beta of 10.16. The business's fifty day moving average price is $20.96 and its 200 day moving average price is $25.09. Agrify Co. has a twelve month low of $2.71 and a twelve month high of $84.44.
Agrify (NASDAQ:AGFY - Get Free Report) last posted its quarterly earnings data on Friday, May 9th. The company reported ($1.68) EPS for the quarter. The business had revenue of $0.54 million during the quarter.
Hedge Funds Weigh In On Agrify
Several large investors have recently made changes to their positions in AGFY. Marathon Partners Equity Management LLC bought a new stake in Agrify in the fourth quarter valued at about $174,000. Rip Road Capital Partners LP increased its holdings in Agrify by 15.6% in the first quarter. Rip Road Capital Partners LP now owns 77,911 shares of the company's stock valued at $1,367,000 after purchasing an additional 10,528 shares during the last quarter. AdvisorShares Investments LLC bought a new stake in Agrify in the fourth quarter valued at about $321,000. SG Capital Management LLC bought a new stake in Agrify in the fourth quarter valued at about $692,000. Finally, Renaissance Technologies LLC bought a new stake in Agrify in the fourth quarter valued at about $841,000. Institutional investors and hedge funds own 5.98% of the company's stock.
Agrify Company Profile
(
Get Free Report)
Agrify Corporation offers hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. It offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products.
Featured Articles
Before you consider Agrify, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Agrify wasn't on the list.
While Agrify currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
