Agrify Co. (NASDAQ:AGFY - Get Free Report) Director Krishnan Varier sold 5,836 shares of Agrify stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of $25.50, for a total value of $148,818.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.
Krishnan Varier also recently made the following trade(s):
- On Tuesday, May 27th, Krishnan Varier sold 2,100 shares of Agrify stock. The stock was sold at an average price of $25.69, for a total value of $53,949.00.
Agrify Trading Down 5.9%
Shares of AGFY traded down $1.62 during mid-day trading on Monday, hitting $25.90. 9,521 shares of the company's stock traded hands, compared to its average volume of 245,267. The firm has a market capitalization of $50.56 million, a P/E ratio of -1.85 and a beta of 10.16. The business's 50-day moving average price is $20.96 and its 200-day moving average price is $25.09. Agrify Co. has a 1 year low of $2.71 and a 1 year high of $84.44. The company has a quick ratio of 0.10, a current ratio of 0.75 and a debt-to-equity ratio of 0.80.
Agrify (NASDAQ:AGFY - Get Free Report) last released its earnings results on Friday, May 9th. The company reported ($1.68) EPS for the quarter. The business had revenue of $0.54 million during the quarter.
Institutional Trading of Agrify
Several institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC bought a new stake in shares of Agrify in the 4th quarter valued at approximately $841,000. AdvisorShares Investments LLC purchased a new position in shares of Agrify in the 4th quarter valued at $321,000. Marathon Partners Equity Management LLC purchased a new position in Agrify during the 4th quarter worth $174,000. Rip Road Capital Partners LP acquired a new stake in Agrify during the 4th quarter worth about $1,953,000. Finally, SG Capital Management LLC acquired a new position in shares of Agrify in the 4th quarter valued at about $692,000. Hedge funds and other institutional investors own 5.98% of the company's stock.
About Agrify
(
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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