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
(
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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.
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