In the last trading session, 1.11 million Agrify Corp (NASDAQ:AGFY) shares changed hands as the company’s beta touched 1.95. With the company’s per share price at $0.39 changed hands at $0.01 or 1.54% during last session, the market valuation stood at $2.75M. AGFY’s last price was a discount, traded about -2207.69% off its 52-week high of $9.00. The share price had its 52-week low at $0.37, which suggests the last value was 5.13% up since then. When we look at Agrify Corp’s average trading volume, we note the 10-day average is 1.24 million shares, with the 3-month average coming to 3.42 million.
Agrify Corp (NASDAQ:AGFY) trade information
Instantly AGFY was in green as seen at the end of in last trading. With action -3.23%, the performance over the past five days has been red. The jump to weekly highs of 0.4400 added 1.54% to the stock’s daily price. The company’s shares are showing year-to-date downside of -68.94%, with the 5-day performance at -3.23% in the red. However, in the 30-day time frame, Agrify Corp (NASDAQ:AGFY) is -29.10% down. Looking at the short shares, we see there were 0.61 million shares sold at short interest cover period of 0.13 days.
Agrify Corp (AGFY) estimates and forecasts
Year-over-year growth is forecast to reach 8.60% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of $12.64 million. 1 analysts are of the opinion that Agrify Corp’s revenue for the quarter ending Mar 2023 will be $14.05 million. The company’s revenue for the corresponding quarters a year ago was $25.27 million and $26.02 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -50.00%. The estimates for the next quarter sales put growth at -46.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -208.26%.
AGFY Dividends
Agrify Corp is expected to release its next quarterly earnings report on February 21.
Agrify Corp (NASDAQ:AGFY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 45.20% of Agrify Corp shares while 0.89% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 1.63%. There are 0.89% institutions holding the Agrify Corp stock share, with AXS Investments, LLC the top institutional holder. As of Dec 30, 2023, the company held 0.64% of the shares, roughly 48016.0 AGFY shares worth $18726.0.
Hudson Bay Capital Management Lp holds the second largest percentage of outstanding shares, with 0.49% or 36513.0 shares worth $14240.0 as of Dec 30, 2023.
Among Mutual Funds, the top two as of Dec 30, 2023 were Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. With 9557.0 shares estimated at $3727.0 under it, the former controlled 0.13% of total outstanding shares. On the other hand, Fidelity Extended Market Index Fund held about 0.11% of the shares, roughly 8478.0 shares worth around $3306.0.
