Agrify Co. (NASDAQ:AGFY - Get Free Report) Director Krishnan Varier sold 5,836 shares of the stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $25.50, for a total transaction of $148,818.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Krishnan Varier also recently made the following trade(s):
- On Tuesday, May 27th, Krishnan Varier sold 2,100 shares of Agrify stock. The shares were sold at an average price of $25.69, for a total value of $53,949.00.
Agrify Stock Performance
Agrify stock traded down $1.38 during trading hours on Friday, reaching $27.82. 11,405 shares of the company were exchanged, compared to its average volume of 245,260. The firm has a market cap of $54.30 million, a price-to-earnings ratio of -1.99 and a beta of 10.16. The company has a current ratio of 0.75, a quick ratio of 0.10 and a debt-to-equity ratio of 0.80. The stock has a 50-day moving average of $20.84 and a 200 day moving average of $24.84. Agrify Co. has a 12 month low of $2.71 and a 12 month high of $84.44.
Agrify (NASDAQ:AGFY - Get Free Report) last issued its quarterly earnings results on Friday, May 9th. The company reported ($1.68) EPS for the quarter. The firm had revenue of $0.54 million during the quarter.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Rip Road Capital Partners LP raised its stake in Agrify by 15.6% during the first quarter. Rip Road Capital Partners LP now owns 77,911 shares of the company's stock worth $1,367,000 after acquiring an additional 10,528 shares in the last quarter. SG Capital Management LLC acquired a new position in Agrify during the fourth quarter worth $692,000. Marathon Partners Equity Management LLC acquired a new position in Agrify during the fourth quarter worth $174,000. AdvisorShares Investments LLC acquired a new position in Agrify during the fourth quarter worth $321,000. Finally, Renaissance Technologies LLC acquired a new position in Agrify during the fourth quarter worth $841,000. 5.98% of the stock is currently owned by institutional investors and hedge funds.
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.
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