RYTHM (NASDAQ:RYM - Get Free Report)'s stock had its "sell (d-)" rating reiterated by
Weiss Ratings in a research report issued to clients and investors on Wednesday,
Weiss Ratings reports.
RYTHM Trading Down 1.0%
Shares of RYM opened at $47.75 on Wednesday. The company has a debt-to-equity ratio of 1.43, a current ratio of 2.64 and a quick ratio of 2.52. RYTHM has a 1-year low of $2.71 and a 1-year high of $84.44.
Insiders Place Their Bets
In related news, CEO Benjamin Kovler bought 1,000 shares of the stock in a transaction that occurred on Thursday, September 25th. The shares were acquired at an average cost of $37.08 per share, with a total value of $37,080.00. Following the completion of the purchase, the chief executive officer directly owned 19,000 shares of the company's stock, valued at $704,520. This trade represents a 5.56% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 2.16% of the stock is owned by corporate insiders.
About RYTHM
(
Get Free Report)
Agrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. The company 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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