Agrify Corp (NASDAQ: AGFY) is -27.75% lower on its value in year-to-date trading and has touched a low of $2.71 and a high of $42.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AGFY stock was last observed hovering at around $10.43 in the last trading session, with the day’s gains setting it 3.18%.
Currently trading at $13.61, the stock is 182.56% and 240.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.55 million and changing 30.49% at the moment leaves the stock 167.87% off its SMA200. AGFY registered -45.99% loss for a year compared to 6-month loss of 163.00%. The firm has a 50-day simple moving average (SMA 50) of $3.79824 and a 200-day simple moving average (SMA200) of $5.06871.
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The stock witnessed a 362.93% gain in the last 1 month and extending the period to 3 months gives it a 254.43%, and is 183.54% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 54.91% over the week and 24.06% over the month.
Agrify Corp (AGFY) has around 39 employees, a market worth around $18.12M and $11.59M in sales. Profit margin for the company is -2.18%. Distance from 52-week low is 402.20% and -67.60% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.87%).
17.0 institutions hold shares in Agrify Corp (AGFY), with institutional investors hold 2.27% of the company’s shares. The shares outstanding are 1.33M, and float is at 1.33M with Short Float at 2.06%. Institutions hold 2.20% of the Float.
The top institutional shareholder in the company is REDWOOD WEALTH MANAGEMENT GROUP, LLC with over 12.0 shares valued at $5.0. The investor’s holdings represent 0.0001 of the AGFY Shares outstanding.
Agrify Corp (AGFY) Insider Activity
The most recent transaction is an insider purchase by Chang Raymond Nobu, the company’s CEO and Chairman. SEC filings show that Chang Raymond Nobu bought 1,842,104 shares of the company’s common stock on Feb 28 ’24 at a price of $0.38 per share for a total of $0.7 million. Following the purchase, the insider now owns 3.3 million shares.
