In last trading session, Agrify Corp (NASDAQ:AGFY) saw 6.41 million shares changing hands with its beta currently measuring 1.93. Company’s recent per share price level of $0.41 trading at $0.02 or 4.64% at ring of the bell on the day assigns it a market valuation of $2.87M. That closing price of AGFY’s stock is at a discount of -2095.12% from its 52-week high price of $9.00 and is indicating a premium of 9.76% from its 52-week low price of $0.37. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.4 million shares which gives us an average trading volume of 3.33 million if we extend that period to 3-months.
Agrify Corp (NASDAQ:AGFY) trade information
Upright in the green during last session for gaining 4.64%, in the last five days AGFY remained trading in the green while hitting it’s week-highest on Wednesday, 03/20/24 when the stock touched $0.41 price level, adding 6.82% to its value on the day. Agrify Corp’s shares saw a change of -67.67% in year-to-date performance and have moved 4.86% in past 5-day. Agrify Corp (NASDAQ:AGFY) showed a performance of -33.11% in past 30-days. Number of shares sold short was 0.61 million shares which calculate 0.13 days to cover the short interests.
Agrify Corp (AGFY) estimates and forecasts
This year revenue growth is estimated to rise 8.60% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $12.64 million for the same. And 1 analysts are in estimates of company making revenue of $14.05 million in the next quarter that will end on Mar 2023. Company posted $25.27 million and $26.02 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -50.00% while estimating it to be -46.00% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -208.26% during past 5 years.
AGFY Dividends
Agrify Corp is more likely to be releasing its next quarterly report on February 21 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Agrify Corp (NASDAQ:AGFY)’s Major holders
Insiders are in possession of 45.20% of company’s total shares while institution are holding 0.89 percent of that, with stock having share float percentage of 1.63%. Investors also watch the number of corporate investors in a company very closely, which is 0.89% institutions for Agrify Corp that are currently holding shares of the company. AXS Investments, LLC is the top institutional holder at AGFY for having 48016.0 shares of worth $19494.0. And as of Dec 30, 2023, it was holding 0.64% of the company’s outstanding shares.
The second largest institutional holder is Hudson Bay Capital Management Lp, which was holding about 36513.0 shares on Dec 30, 2023. The number of shares represents firm’s hold over 0.49% of outstanding shares, having a total worth of $14824.0.
On the other hand, Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 30, 2023, the former fund manager was holding 9557.0 shares of worth $3880.0 or 0.13% of the total outstanding shares. The later fund manager was in possession of 8478.0 shares on Jan 30, 2024, making its stake of worth around $3442.0 in the company or a holder of 0.11% of company’s stock.
