In yesterday’s Wall Street session, AgriFORCE Growing Systems ltd (NASDAQ:AGRI) shares traded at $0.17, down -2.98% from the previous session.
AGRI stock price is now -34.94% away from the 50-day moving average and -95.73% away from the 200-day moving average. The market capitalization of the company currently stands at $0.87M.
In other news, Mueller Ingo Wilhelm, Director sold 100,000 shares of the company’s stock on Aug 01 ’23. The stock was sold for $13,000 at an average price of $0.13. Upon completion of the transaction, the Director now directly owns 273,577 shares in the company, valued at $46508.09. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 20 ’23, CEO and Chairman Mueller Ingo Wilhelm sold 200,000 shares of the business’s stock. A total of $28,111 was realized by selling the stock at an average price of $0.14. This leaves the insider owning 373,577 shares of the company worth $63508.09. A total of 2.17% of the company’s stock is owned by insiders.
During the past 12 months, AgriFORCE Growing Systems ltd has had a low of $0.14 and a high of $39.00. As of last week, the company has a debt-to-equity ratio of 0.83, a current ratio of 0.17, and a quick ratio of 0.16. The fifty day moving average price for AGRI is $0.2503 and a two-hundred day moving average price translates $3.8053 for the stock.
The latest earnings results from AgriFORCE Growing Systems ltd (NASDAQ: AGRI) was released for Sep, 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 -$8.30 EPS in the same period last year. The company reported revenue of $1.63 million for the quarter, compared to $3.41 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -52.16 percent.
