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NASDAQ:AGFY

Agrify (AGFY) Stock Price, News & Analysis

Agrify logo
$3.00
-0.10 (-3.23%)
(As of 10/31/2024 ET)

About Agrify Stock (NASDAQ:AGFY)

Key Stats

Today's Range
$2.98
$3.18
50-Day Range
$2.82
$4.14
52-Week Range
$2.71
$42.00
Volume
14,996 shs
Average Volume
197,860 shs
Market Capitalization
$4.00 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. The company also provides associated services comprising consulting, engineering, and construction. In addition, the company offers hydrocarbon, alcohol, solventless, post-processing, and lab equipment, as well as provides indoor farming solutions. In addition, it offers equipment and services in a contract and purchase order. The company was formerly known as Agrinamics, Inc. and changed its name to Agrify Corporation in September 2019. Agrify Corporation was incorporated in 2016 and is headquartered in Troy, Michigan.

Agrify Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
14th Percentile Overall Score

AGFY MarketRank™: 

Agrify scored higher than 14% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Agrify is -0.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Agrify is -0.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Read more about Agrify's valuation and earnings.
  • Percentage of Shares Shorted

    3.69% of the float of Agrify has been sold short.
  • Short Interest Ratio / Days to Cover

    Agrify has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Agrify has recently increased by 93.44%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Agrify does not currently pay a dividend.

  • Dividend Growth

    Agrify does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.69% of the float of Agrify has been sold short.
  • Short Interest Ratio / Days to Cover

    Agrify has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Agrify has recently increased by 93.44%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Agrify has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Agrify this week, compared to 1 article on an average week.
  • Search Interest

    2 people have searched for AGFY on MarketBeat in the last 30 days.
  • MarketBeat Follows

    3 people have added Agrify to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Agrify insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    51.00% of the stock of Agrify is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 5.98% of the stock of Agrify is held by institutions.

  • Read more about Agrify's insider trading history.
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AGFY Stock News Headlines

Agrify Co. (NASDAQ:AGFY) Short Interest Up 93.4% in October
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Agrify Corporation (AGFY)
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AGFY Stock Analysis - Frequently Asked Questions

Agrify's stock was trading at $18.8370 at the start of the year. Since then, AGFY stock has decreased by 84.1% and is now trading at $3.00.
View the best growth stocks for 2024 here
.

Agrify Co. (NASDAQ:AGFY) posted its earnings results on Wednesday, August, 14th. The company reported ($1.95) EPS for the quarter. The business earned $2.99 million during the quarter.

Agrify's stock reverse split on Tuesday, October 8th 2024. The 1-15 reverse split was announced on Friday, October 4th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, October 7th 2024. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

Agrify (AGFY) raised $45 million in an IPO on Thursday, January 28th 2021. The company issued 5,000,000 shares at $8.00-$10.00 per share. Maxim Group and Roth Capital Partners served as the underwriters for the IPO.

Shares of AGFY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Agrify investors own include Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Block (SQ), Teladoc Health (TDOC) and Alibaba Group (BABA).

Company Calendar

Last Earnings
8/14/2024
Today
10/31/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/01/2025

Industry, Sector and Symbol

Industry
Agricultural services
Sub-Industry
Agriculture
Current Symbol
NASDAQ:AGFY
Fax
N/A
Employees
140
Year Founded
N/A

Profitability

Net Income
$-18,650,000.00
Pretax Margin
-2.16%

Debt

Sales & Book Value

Annual Sales
$11.59 million
Book Value
($129.63) per share

Miscellaneous

Free Float
465,000
Market Cap
$4.00 million
Optionable
Not Optionable
Beta
2.05
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This page (NASDAQ:AGFY) was last updated on 10/31/2024 by MarketBeat.com Staff
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