SG Capital Management LLC acquired a new stake in Agrify Co. (NASDAQ:AGFY - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 23,866 shares of the company's stock, valued at approximately $692,000. SG Capital Management LLC owned 1.56% of Agrify at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in the business. Marathon Partners Equity Management LLC bought a new stake in Agrify during the 4th quarter worth approximately $174,000. AdvisorShares Investments LLC acquired a new position in shares of Agrify during the fourth quarter worth $321,000. Renaissance Technologies LLC acquired a new position in shares of Agrify during the fourth quarter worth $841,000. Finally, Rip Road Capital Partners LP bought a new stake in shares of Agrify in the fourth quarter worth $1,953,000. Institutional investors own 5.98% of the company's stock.
Agrify Stock Down 6.6%
Shares of NASDAQ:AGFY opened at $27.02 on Friday. The firm has a market cap of $52.74 million, a P/E ratio of -1.93 and a beta of 10.16. Agrify Co. has a 12-month low of $2.71 and a 12-month high of $84.44. The business has a fifty day simple moving average of $19.07 and a 200 day simple moving average of $23.18. 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 issued its quarterly earnings results on Friday, May 9th. The company reported ($1.68) earnings per share for the quarter. The firm had revenue of $0.54 million during the quarter.
About Agrify
(
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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