Insider’s View: Deciphering AgriFORCE Growing Systems ltd (AGRI)’s Financial Health Through Ratios

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

The price of AgriFORCE Growing Systems ltd (NASDAQ: AGRI) closed at $0.15 in the last session, up 1.31% from day before closing price of $0.15. In other words, the price has increased by $1.31 from its previous closing price. On the day, 0.73 million shares were traded. AGRI stock price reached its highest trading level at $0.152 during the session, while it also had its lowest trading level at $0.1435.

Ratios:

We take a closer look at AGRI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 0.70. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.01.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 01 ’23 when Mueller Ingo Wilhelm sold 100,000 shares for $0.13 per share. The transaction valued at 13,000 led to the insider holds 273,577 shares of the business.

Mueller Ingo Wilhelm sold 200,000 shares of AGRI for $28,111 on Jul 20 ’23. The CEO and Chairman now owns 373,577 shares after completing the transaction at $0.14 per share. On Jul 19 ’23, another insider, Mueller Ingo Wilhelm, who serves as the CEO and Chairman of the company, sold 200,000 shares for $0.14 each. As a result, the insider received 28,984 and left with 573,577 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AGRI now has a Market Capitalization of 3343194 and an Enterprise Value of 3594630. For the stock, the TTM Price-to-Sale (P/S) ratio is 167.13 while its Price-to-Book (P/B) ratio in mrq is 0.10. Its current Enterprise Value per Revenue stands at 220.787 whereas that against EBITDA is -0.453.

Stock Price History:

The Beta on a monthly basis for AGRI is 0.17, which has changed by -0.9949655 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, AGRI has reached a high of $31.00, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -11.78%, while the 200-Day Moving Average is calculated to be -93.20%.

Shares Statistics:

According to the various share statistics, AGRI traded on average about 4.14M shares per day over the past 3-months and 1453640 shares per day over the past 10 days. A total of 22.57M shares are outstanding, with a floating share count of 22.00M. Insiders hold about 2.53% of the company’s shares, while institutions hold 0.52% stake in the company. Shares short for AGRI as of 1713139200 were 106253 with a Short Ratio of 0.03, compared to 1710460800 on 54084. Therefore, it implies a Short% of Shares Outstanding of 106253 and a Short% of Float of 0.47000000000000003.

Earnings Estimates

On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.22. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

Revenue Estimates

Based on 1 analysts’ estimates, the company’s revenue will be $356.82M in the next fiscal year. The high estimate is $356.82M and the low estimate is $356.82M.

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