Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, AgriFORCE Growing Systems ltd’s stock clocked out at $0.15, down -6.96% from its previous closing price of $0.16. In other words, the price has decreased by $-6.96 from its previous closing price. On the day, 1.39 million shares were traded. AGRI stock price reached its highest trading level at $0.1569 during the session, while it also had its lowest trading level at $0.145.
Ratios:
To gain a deeper understanding of AGRI’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 3440262 and an Enterprise Value of 3949041. For the stock, the TTM Price-to-Sale (P/S) ratio is 171.98 while its Price-to-Book (P/B) ratio in mrq is 0.10. Its current Enterprise Value per Revenue stands at 242.555 whereas that against EBITDA is -0.497.
Stock Price History:
The Beta on a monthly basis for AGRI is 0.15, which has changed by -0.99439317 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. Over the past 52 weeks, AGRI has reached a high of $33.00, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -16.55%, while the 200-Day Moving Average is calculated to be -94.08%.
Shares Statistics:
It appears that AGRI traded 4.01M shares on average per day over the past three months and 1694600 shares per day over the past ten days. A total of 22.57M shares are outstanding, with a floating share count of 21.63M. Insiders hold about 4.20% of the company’s shares, while institutions hold 0.52% stake in the company. Shares short for AGRI as of 1711584000 were 34132 with a Short Ratio of 0.01, compared to 1709164800 on 166958. Therefore, it implies a Short% of Shares Outstanding of 34132 and a Short% of Float of 0.58999998.
Earnings Estimates
At present, Origin Agritech Limited analysts are actively evaluating the performance of AgriFORCE Growing Systems ltd (AGRI) in the stock market.The consensus estimate for the next quarter is $14.76, with high estimates of $26.19 and low estimates of $12.78.
