Benjamin Kovler Buys 1,000 Shares of RYTHM (NASDAQ:RYM) Stock

Key Points

• Agrify Corp CEO Benjamin Kovler purchased 1,000 shares of the company's stock for a total of $39,990, increasing his ownership by 5.88% to 18,000 shares valued around $719,820.
• The company's stock is currently trading at $39.39, down 1.3%, with a significant fifty-two week low of $2.71 and a high of $84.44.
• Agrify specializes in precision cultivation and extraction solutions tailored for the cannabis and hemp industry in the United States.

RYTHM, Inc. (NASDAQ:RYM - Get Free Report) CEO Benjamin Kovler purchased 1,000 shares of RYTHM stock in a transaction dated Friday, September 19th. The shares were purchased at an average price of $39.99 per share, for a total transaction of $39,990.00. Following the completion of the acquisition, the chief executive officer owned 18,000 shares of the company's stock, valued at approximately $719,820. The trade was a 5.88% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

RYTHM Stock Down 1.0%

RYM stock traded down $0.39 during trading on Tuesday, hitting $39.00. The company had a trading volume of 12,815 shares, compared to its average volume of 26,398. RYTHM, Inc. has a one year low of $2.71 and a one year high of $84.44. The company has a current ratio of 2.64, a quick ratio of 2.52 and a debt-to-equity ratio of 1.43.

RYTHM Company Profile

Agrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. The company 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.