Agrify Corp (AGFY) Stock: A Value Analysis

Moreover, the 36-month beta value for AGFY is 1.88. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for AGFY is 2.42M and currently, short sellers hold a 7.85% of that float. On April 04, 2024, AGFY’s average trading volume was 3.48M shares.

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AGFY) stock’s latest price update

Agrify Corp (NASDAQ: AGFY)’s stock price has increased by 9.18 compared to its previous closing price of 0.35. However, the company has seen a -0.62% decrease in its stock price over the last five trading sessions. InvestorPlace reported 2024-01-30 that Agrify (NASDAQ: AGFY ) stock is on the move Tuesday as investors react to updates on ownership of the cannabis and hemp company’s shares. The latest news has to do with the transfer of a convertible senior note to CP Acquisitions.

AGFY’s Market Performance

AGFY’s stock has fallen by -0.62% in the past week, with a monthly drop of -17.53% and a quarterly drop of -69.72%. The volatility ratio for the week is 10.26% while the volatility levels for the last 30 days are 9.31% for Agrify Corp The simple moving average for the past 20 days is -2.65% for AGFY’s stock, with a -78.84% simple moving average for the past 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 -28.49% 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 -95.69% of loss for the given period.

Volatility was left at 9.31%, however, over the last 30 days, the volatility rate increased by 10.26%, as shares sank -14.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -55.85% lower at present.

During the last 5 trading sessions, AGFY fell by -0.62%, which changed the moving average for the period of 200-days by -90.21% in comparison to the 20-day moving average, which settled at $0.3948. In addition, Agrify Corp saw -69.14% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at AGFY starting from Chang Raymond Nobu, who purchase 1,842,104 shares at the price of $0.38 back on Feb 28 ’24. After this action, Chang Raymond Nobu now owns 3,295,998 shares of Agrify Corp, valued at $700,000 using the latest closing price.

Stock Fundamentals for AGFY

Current profitability levels for the company are sitting at:

  • -3.92 for the present operating margin
  • -1.55 for the gross margin

The net margin for Agrify Corp stands at -2.96. The total capital return value is set at -46.07. Equity return is now at value -868.45, with -76.79 for asset returns.

Based on Agrify Corp (AGFY), the company’s capital structure generated 16.53 points at debt to capital in total, while cash flow to debt ratio is standing at -1.39. The debt to equity ratio resting at -1.06. The interest coverage ratio of the stock is 14.2.

Currently, EBITDA for the company is -61.44 million with net debt to EBITDA at -0.24. When we switch over and look at the enterprise to sales, we see a ratio of 1.28. The receivables turnover for the company is 8.11for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.51.

Conclusion

To wrap up, the performance of Agrify Corp (AGFY) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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