Forafric Global PLC (NASDAQ:AFRI - Get Free Report) shares were down 0.5% during trading on Friday . The stock traded as low as $7.76 and last traded at $7.76. Approximately 20,969 shares changed hands during trading, an increase of 74% from the average daily volume of 12,024 shares. The stock had previously closed at $7.80.
Forafric Global Trading Down 0.5%
The firm has a fifty day simple moving average of $8.22 and a 200 day simple moving average of $9.18. The company has a current ratio of 0.42, a quick ratio of 0.31 and a debt-to-equity ratio of 0.74.
Institutional Trading of Forafric Global
A number of institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp acquired a new stake in Forafric Global during the 1st quarter worth about $87,000. BNP Paribas Financial Markets acquired a new position in shares of Forafric Global in the 4th quarter valued at about $28,000. Northern Trust Corp lifted its holdings in shares of Forafric Global by 18.4% in the 4th quarter. Northern Trust Corp now owns 48,133 shares of the company's stock valued at $493,000 after buying an additional 7,479 shares during the period. JPMorgan Chase & Co. raised its position in Forafric Global by 121.9% during the fourth quarter. JPMorgan Chase & Co. now owns 20,185 shares of the company's stock valued at $207,000 after acquiring an additional 11,090 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Forafric Global by 26.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 15,141 shares of the company's stock valued at $155,000 after acquiring an additional 3,204 shares during the period. Institutional investors and hedge funds own 5.49% of the company's stock.
About Forafric Global
(
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Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco, Burkina, Mali, Angola, and internationally. The company provides wheat flours and semolina; and secondary processing products, such as pasta and couscous under the TRIA and MayMouna brand names.
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