AgriFORCE Growing Systems ltd [AGRI] Stock trading around $2.45 per share: What’s Next?

MRKR Stock

AgriFORCE Growing Systems ltd [NASDAQ: AGRI] stock went on a downward path that fall over -12.50% on Wednesday, amounting to a one-week price decrease of less than -17.23%.

Over the last 12 months, AGRI stock dropped by -88.51%. The one-year AgriFORCE Growing Systems ltd stock forecast points to a potential upside of 100.0. The average equity rating for AGRI stock is currently 1.00, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $3.21 million, with 1.31 million shares outstanding and 1.31 million shares in the current float. Compared to the average trading volume of 349.42K shares, AGRI stock reached a trading volume of 9699418 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 0.25, with the Price to Cash per share for the same quarter was set at 0.14.

AGRI Stock Performance Analysis:

AgriFORCE Growing Systems ltd [AGRI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -17.23. With this latest performance, AGRI shares dropped by -40.39% in over the last four-week period, additionally sinking by -82.55% over the last 6 months – not to mention a drop of -88.51% 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 24.05, with the RSI for the last a single of trading hit 0.37, and the three-weeks RSI is set at 0.60 for AgriFORCE Growing Systems ltd [AGRI]. The present Moving Average for the last 50 days of trading for this stock 5.46, while it was recorded at 2.80 for the last single week of trading, and 15.62 for the last 200 days.

Insight into AgriFORCE Growing Systems ltd Fundamentals:

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

AgriFORCE Growing Systems ltd [AGRI] Institutonal Ownership Details

There are presently around $2.03%, or 2.08%% of AGRI stock, in the hands of institutional investors.

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