Forafric Global (NASDAQ:AFRI) Stock Price Up 2.1%

→ The Gold Grab of the Century (From Colonial Metals) (Ad)

Shares of Forafric Global PLC (NASDAQ:AFRI - Get Free Report) rose 2.1% on Wednesday . The stock traded as high as $10.58 and last traded at $10.58. Approximately 1,057 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 13,136 shares. The stock had previously closed at $10.36.

Forafric Global Stock Up 0.5 %

The firm's 50 day moving average is $10.42 and its two-hundred day moving average is $10.77.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in shares of Forafric Global during the 2nd quarter valued at about $1,091,000. Geode Capital Management LLC grew its holdings in shares of Forafric Global by 380.7% during the 2nd quarter. Geode Capital Management LLC now owns 61,410 shares of the company's stock worth $674,000 after purchasing an additional 48,636 shares during the period. Northern Trust Corp grew its holdings 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 period. State Street Corp purchased a new stake in shares of Forafric Global during the 2nd quarter worth about $349,000. Finally, Susquehanna International Group LLP purchased a new stake in shares of Forafric Global during the 1st quarter worth about $347,000. Institutional investors and hedge funds own 5.49% of the company's stock.

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 offers flour and semolina; and secondary processing products, such as pasta and couscous under the Tria and MayMouna brands.

Recommended Stories

Should you invest $1,000 in Forafric Global right now?

Before you consider Forafric Global, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Forafric Global wasn't on the list.

While Forafric Global currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Featured Articles and Offers

Search Headlines: