Forafric Global PLC (NASDAQ:AFRI - Get Free Report) was down 0.8% during trading on Wednesday . The company traded as low as $8.37 and last traded at $8.45. Approximately 30,113 shares changed hands during trading, an increase of 184% from the average daily volume of 10,615 shares. The stock had previously closed at $8.52.
Forafric Global Stock Performance
The stock has a 50-day moving average of $8.67 and a 200 day moving average of $9.59. 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 Investors Weigh In On Forafric Global
Large investors have recently bought and sold shares of the business. Rhumbline Advisers grew its position in Forafric Global by 465.1% during the 4th quarter. Rhumbline Advisers now owns 35,001 shares of the company's stock worth $359,000 after acquiring an additional 28,807 shares during the last quarter. JPMorgan Chase & Co. grew its position in Forafric Global by 210.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,095 shares of the company's stock worth $103,000 after acquiring an additional 6,167 shares during the last quarter. Geode Capital Management LLC grew its position in Forafric Global by 6.7% during the 3rd quarter. Geode Capital Management LLC now owns 69,758 shares of the company's stock worth $791,000 after acquiring an additional 4,361 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Forafric Global by 26.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,141 shares of the company's stock worth $155,000 after acquiring an additional 3,204 shares during the last quarter. Finally, State Street Corp lifted its holdings in Forafric Global by 2.0% during the 3rd quarter. State Street Corp now owns 50,236 shares of the company's stock worth $570,000 after buying an additional 1,000 shares in the last quarter. 5.49% of the stock is currently owned by institutional investors.
Forafric Global Company Profile
(
Get Free Report)
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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