AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) shares traded 6.59% higher at $0.19 on Wall Street last session.
In accordance with the data, 1 analysts cover AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $2.00 and a low of $2.00, we find $2.00. Given the previous closing price of $0.18, this indicates a potential upside of 1011.11 percent. AGRI stock price is now -43.78% away from the 50-day moving average and -78.90% away from the 200-day moving average. The market capitalization of the company currently stands at $3.62M.
It has been rated a hold by 0 analysts and a buy by 1. Brokers who have rated the stock have averaged $2.00 as their price target over the next twelve months.
A total of 31.81% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in AGRI stock. A new stake in AgriFORCE Growing Systems Ltd. shares was purchased by SIMPLICITY SOLUTIONS, LLC during the first quarter worth $12,000. VIRTU FINANCIAL LLC invested $12,000 in shares of AGRI during the first quarter. In the first quarter, SOWELL FINANCIAL SERVICES LLC acquired a new stake in AgriFORCE Growing Systems Ltd. valued at approximately $4,000. ROYAL BANK OF CANADA acquired a new stake in AGRI for approximately $4,000. RENAISSANCE TECHNOLOGIES LLC purchased a new stake in AGRI valued at around $3,000 in the second quarter. In total, there are 10 active investors with 8.20% ownership of the company’s stock.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) opened at $0.1894 on Monday. During the past 12 months, AgriFORCE Growing Systems Ltd. has had a low of $0.14 and a high of $2.19. As of last week, the company has a debt-to-equity ratio of 0.52, a current ratio of 0.60, and a quick ratio of 0.60. The fifty day moving average price for AGRI is $0.3257 and a two-hundred day moving average price translates $0.8827 for the stock.
The latest earnings results from AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) was released for Mar, 2023. According to the Farm Products Company, earnings per share came in at -$0.17, missing analysts’ expectations of -$0.13 by -0.04. This compares to -$0.22 EPS in the same period last year. The company reported revenue of $2.82 million for the quarter, compared to $2.76 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.25 percent.
AgriFORCE Growing Systems Ltd.(AGRI) Company Profile
AgriFORCE Growing Systems Ltd., an agriculture-focused technology company, focuses on the development and commercialization of plant-based ingredients and products that deliver healthier and nutritious solutions. The company operates in two divisions, AgriFORCE Solutions and AgriFORCE Brands. It also offers management advisory services and holds intellectual property, as well as engages in the real estate holding and development activities. The company was formerly known as Canivate Growing Systems Ltd. and changed its name to AgriFORCE Growing Systems Ltd. in November 2019. AgriFORCE Growing Systems Ltd. was incorporated in 2017 and is headquartered in Vancouver, Canada.
