Agrify Corporation (NASDAQ:AGFY) went up by 5.88% from its latest closing price compared to the recent 1-year high of $177.70. The company’s stock price has collected -3.57% of loss in the last five trading sessions.
Is It Worth Investing in Agrify Corporation (NASDAQ :AGFY) Right Now?
Opinions of the stock are interesting as 1 analysts out of 3 who provided ratings for Agrify Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
AGFY currently public float of 2.52M and currently shorts hold a 11.77% ratio of that float. Today, the average trading volume of AGFY was 1.73M shares.
AGFY’s Market Performance
AGFY stocks went down by -3.57% for the week, with a monthly drop of -35.33% and a quarterly performance of -87.14%, while its annual performance rate touched -99.35%. The volatility ratio for the week stands at 13.05% while the volatility levels for the past 30 days are set at 18.58% for Agrify Corporation. The simple moving average for the period of the last 20 days is -15.68% for AGFY stocks with a simple moving average of -95.42% for the last 200 days.
Analysts’ Opinion of AGFY
Alliance Global Partners, on the other hand, stated in their research note that they expect to see AGFY reach a price target of $32. The rating they have provided for AGFY stocks is “Buy” according to the report published on November 01st, 2021.
Craig Hallum gave a rating of “Buy” to AGFY, setting the target price at $25 in the report published on July 23rd of the previous year.
AGFY Trading at -69.46% from the 50-Day Moving Average
After a stumble in the market that brought AGFY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.39% of loss for the given period.
Volatility was left at 18.58%, however, over the last 30 days, the volatility rate increased by 13.05%, as shares sank -31.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -80.93% lower at present.
During the last 5 trading sessions, AGFY fell by -3.57%, which changed the moving average for the period of 200-days by -98.45% in comparison to the 20-day moving average, which settled at $1.2559. In addition, Agrify Corporation saw -98.83% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at AGFY starting from Chang Raymond Nobu, who purchase 5,000 shares at the price of $2.50 back on May 20. After this action, Chang Raymond Nobu now owns 15,000 shares of Agrify Corporation, valued at $12,500 using the latest closing price.
Chang Raymond Nobu, the CEO and Chairman of Agrify Corporation, purchase 10,000 shares at $2.61 during a trade that took place back on May 16, which means that Chang Raymond Nobu is holding 10,000 shares at $26,100 based on the most recent closing price.
Stock Fundamentals for AGFY
Equity return is now at value -28.90, with -19.30 for asset returns.