AgriFORCE Growing Systems ltd [NASDAQ: AGRI] gained 137.76% or 3.32 points to close at $5.73 with a heavy trading volume of 121317030 shares.
It opened the trading session at $7.3, the shares rose to $8.99 and dropped to $5.1, the range by which the price of stock traded the whole day. The daily chart for AGRI points out that the company has recorded -55.16% loss over the past six months.
If we look at the average trading volume of 528.33K shares, AGRI reached to a volume of 121317030 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about AgriFORCE Growing Systems ltd [AGRI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AGRI shares is $90000.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AGRI stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Price to Book ratio for the last quarter was 0.59, with the Price to Cash per share for the same quarter was set at 0.14.
Trading performance analysis for AGRI stock
AgriFORCE Growing Systems ltd [AGRI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 141.77. With this latest performance, AGRI shares gained by 94.24% in over the last four-week period, additionally sinking by -55.16% over the last 6 months – not to mention a drop of -73.14% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AGRI stock in for the last two-week period is set at 79.87, with the RSI for the last a single of trading hit 0.88, and the three-weeks RSI is set at 0.66 for AgriFORCE Growing Systems ltd [AGRI]. The present Moving Average for the last 50 days of trading for this stock 3.71, while it was recorded at 3.03 for the last single week of trading, and 12.60 for the last 200 days.
AgriFORCE Growing Systems ltd [AGRI]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and AgriFORCE Growing Systems ltd [AGRI] shares currently have an operating margin of -868.19% and a Gross Margin at -354.92%. AgriFORCE Growing Systems ltd’s Net Margin is presently recorded at -1946.26%.
AgriFORCE Growing Systems ltd (AGRI) Capital Structure & Debt Analysis
According to recent financial data for AgriFORCE Growing Systems ltd. ( AGRI), the Return on Equity (ROE) stands at -206.56%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -102.80%, reflecting the company’s efficiency in generating profits from its assets. Additionally, AgriFORCE Growing Systems ltd’s Return on Invested Capital (ROIC) is -390.58%, showcasing its effectiveness in deploying capital for earnings.
AgriFORCE Growing Systems ltd (AGRI) Efficiency & Liquidity Metrics
Based on AgriFORCE Growing Systems ltd’s (AGRI) latest financial statements, the Debt-to-Equity Ratio is 2.02%, indicating its reliance on debt financing relative to shareholder equity.
AgriFORCE Growing Systems ltd (AGRI) Efficiency & Liquidity Metrics
An analysis of Institutional ownership at AgriFORCE Growing Systems ltd [AGRI]
There are presently around $2.03%, or 2.08%% of AGRI stock, in the hands of institutional investors.
