Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Agrify Corp (NASDAQ: AGFY) was $0.28 for the day, down -6.36% from the previous closing price of $0.30. In other words, the price has decreased by -$6.36 from its previous closing price. On the day, 0.95 million shares were traded. AGFY stock price reached its highest trading level at $0.2912 during the session, while it also had its lowest trading level at $0.2697.
Ratios:
Our analysis of AGFY’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.12 and its Current Ratio is at 0.58.
On November 01, 2021, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $32.
On July 23, 2021, Craig Hallum started tracking the stock assigning a Buy rating and target price of $25.Craig Hallum initiated its Buy rating on July 23, 2021, with a $25 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 28 ’24 when Chang Raymond Nobu bought 1,842,104 shares for $0.38 per share. The transaction valued at 700,000 led to the insider holds 3,295,998 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AGFY now has a Market Capitalization of 3803044 and an Enterprise Value of 26849040. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23. Its current Enterprise Value per Revenue stands at 1.592 whereas that against EBITDA is -1.47.
Stock Price History:
Over the past 52 weeks, AGFY has reached a high of $8.20, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is -39.36%, while the 200-Day Moving Average is calculated to be -82.93%.
Shares Statistics:
AGFY traded an average of 2.82M shares per day over the past three months and 3493880 shares per day over the past ten days. A total of 13.73M shares are outstanding, with a floating share count of 4.70M. Insiders hold about 65.76% of the company’s shares, while institutions hold 0.78% stake in the company. Shares short for AGFY as of 1711584000 were 315881 with a Short Ratio of 0.11, compared to 1709164800 on 613571. Therefore, it implies a Short% of Shares Outstanding of 315881 and a Short% of Float of 3.1199999999999997.
Earnings Estimates
The current rating of Agrify Corp (AGFY) reflects the combined expertise of Agrify Corporation analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $0.00, with high estimates of $42.39 and low estimates of $0.05.
