Agrify Corporation (NASDAQ:AGFY) currently has a daily average trading volume of 1.73M but it saw 428484 shares traded on Wednesday. With a market cap of 3.09M USD, stock’s current market price of $1.08 came rising about 5.88 while comparing to the previous closing price of $1.02. In past 52 weeks, the stock remained buoying in the range of price level as high as $177.70 and as low as $0.78. In the recent trading on the day, stock has struck highest price mark of $1.14 while lowest mark touched by it was $1.00.
Taking a look at 20-day trading activity of Agrify Corporation (AGFY) gives us an average price of $1.2559, while its current price level is -99.39% below from 52-week high level whereas it is 38.44% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.4451 while that of 200 days or SMA-200 reads an average of $23.2172. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.05% during that period while stretching the period over a month that increases to 18.58%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 38.64 which implies that the stock is in neutral territory.
Craig Hallum issued its recommendations for the stock as it initiated the price target for the stock is $25.
Over the week, AGFY’s stock price is moving -3.57% down while it is -35.33% when we observe its performance for the past one month. Year-to-date it is -98.83% down and over the past year, the stock is showing a downside performance of -99.35%.
The latest quarterly earnings report issued by the company was for quarter ended 6/29/2022, when its quarterly earnings per share (EPS) of -$35.1 beaten by the consensus estimate of -$4.32 for the same. For AGFY, analysts are forecasting an EPS-growth rate of -165.10% for current year and estimate for EPS growth in next year is 76.50%. In next quarter, company is expected to be making quarterly sales of $13.98 million as analysts are expecting the sales for current fiscal year at $73.58 million and seeing the company making $68.3 million in sales next year. Moreover, analysts are in estimates of $14.27 million for current-quarter revenue.
Currently, Agrify Corporation’s total number of outstanding shares is 2.66M with 5.25% of that held by the insiders while 27.65% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -23.40% and return on equity (ROE) at -28.90%. Stock has a price to book (P/B) ratio of 0.04 while price to sale or P/S ratio amounts to 0.04. Its return on asset (ROA) is -19.30% on average.