AgriFORCE Growing Systems ltd (NASDAQ: AGRI)’s stock price has gone rise by 9.61 in comparison to its previous close of 2.29, however, the company has experienced a 15.14% increase in its stock price over the last five trading days. globenewswire.com reported 2024-12-10 that Letter of Intent signed to acquire 5MW Bitcoin mining facility in Madison Township, Ohio Letter of Intent signed to acquire 5MW Bitcoin mining facility in Madison Township, Ohio
Is It Worth Investing in AgriFORCE Growing Systems ltd (NASDAQ: AGRI) Right Now?
The 36-month beta value for AGRI is also noteworthy at 0.05. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for AGRI is 1.54M, and at present, short sellers hold a 3.73% of that float. The average trading volume of AGRI on December 20, 2024 was 425.93K shares.
AGRI’s Market Performance
AGRI stock saw a decrease of 15.14% in the past week, with a monthly decline of -38.33% and a quarterly a decrease of -54.11%. The volatility ratio for the week is 14.83%, and the volatility levels for the last 30 days are 14.15% for AgriFORCE Growing Systems ltd (AGRI). The simple moving average for the past 20 days is -15.66% for AGRI’s stock, with a -71.09% simple moving average for the past 200 days.
AGRI Trading at -42.09% from the 50-Day Moving Average
After a stumble in the market that brought AGRI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.44% of loss for the given period.
Volatility was left at 14.15%, however, over the last 30 days, the volatility rate increased by 14.83%, as shares sank -40.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -63.30% lower at present.
During the last 5 trading sessions, AGRI rose by +15.14%, which changed the moving average for the period of 200-days by -85.24% in comparison to the 20-day moving average, which settled at $2.98. In addition, AgriFORCE Growing Systems ltd saw -94.66% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for AGRI
Current profitability levels for the company are sitting at:
- -269.97 for the present operating margin
- -124.76 for the gross margin
The net margin for AgriFORCE Growing Systems ltd stands at -302.11. The total capital return value is set at -2.04. Equity return is now at value -248.22, with -123.72 for asset returns.
Based on AgriFORCE Growing Systems ltd (AGRI), the company’s capital structure generated 0.15 points at debt to capital in total, while cash flow to debt ratio is standing at -3.88. The debt to equity ratio resting at 0.17. The interest coverage ratio of the stock is -3.39.
Currently, EBITDA for the company is -3.09 million with net debt to EBITDA at 0.02. When we switch over and look at the enterprise to sales, we see a ratio of 63.48. The receivables turnover for the company is 2.42for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.62.
Conclusion
In summary, AgriFORCE Growing Systems ltd (AGRI) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
