Shares of Forafric Global PLC (NASDAQ:AFRI - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $10.27, but opened at $10.50. Forafric Global shares last traded at $10.50, with a volume of 845 shares changing hands.
Forafric Global Price Performance
The company's 50-day simple moving average is $10.41 and its 200 day simple moving average is $10.74.
Hedge Funds Weigh In On Forafric Global
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC lifted its position in shares of Forafric Global by 12.4% during the 1st quarter. Geode Capital Management LLC now owns 12,774 shares of the company's stock worth $142,000 after purchasing an additional 1,410 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Forafric Global by 7.2% during the 4th quarter. Vanguard Group Inc. now owns 23,833 shares of the company's stock worth $252,000 after purchasing an additional 1,602 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of Forafric Global during the 2nd quarter worth $49,000. Barclays PLC purchased a new stake in shares of Forafric Global during the 2nd quarter worth $49,000. Finally, Northern Trust Corp lifted its position in shares of Forafric Global by 36.3% during the 4th quarter. Northern Trust Corp now owns 43,198 shares of the company's stock worth $457,000 after purchasing an additional 11,494 shares during the last quarter. Hedge funds and other institutional investors own 5.49% of the company's stock.
Forafric Global Company Profile
(
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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 offers flour and semolina; and secondary processing products, such as pasta and couscous under the Tria and MayMouna brands.
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