Agrify Corporation (NASDAQ:AGFY – Get Free Report) shares dropped 1.6% during mid-day trading on Monday . The stock traded as low as $21.01 and last traded at $22.41. 16,323 shares changed hands during trading, a decline of 49% from the average session volume of 31,892 shares. The stock had previously closed at $22.77.
Agrify Price Performance
The firm has a market capitalization of $47.01 million, a price-to-earnings ratio of -1.04 and a beta of 9.96. The company’s fifty day moving average price is $22.03 and its 200 day moving average price is $23.70. The company has a debt-to-equity ratio of 1.43, a quick ratio of 2.52 and a current ratio of 2.64.
About Agrify
Agrify Corporation is a cannabis cultivation technology company that develops solutions for controlled-environment agriculture. Its business has focused primarily on helping cannabis operators grow plants indoors through modular vertical farming systems designed to improve consistency, space utilization, and environmental control.
The company’s product portfolio has included Vertical Farming Units, environmental control equipment, cultivation hardware, and Agrify Insights, a software platform intended to monitor and manage growing conditions, production data, and facility operations.
See Also
- Five stocks we like better than Agrify
- Chips to Bots: Qualcomm’s Agentic AI Breakout
- Ciena Fell 40%—Now One Analyst Sees 50% Upside
- Energy Transfer Taps the AI Power Boom
- Viking’s Obesity Edge May Be Staying Power, Not Weight Loss
Receive News & Ratings for Agrify Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agrify and related companies with MarketBeat.com's FREE daily email newsletter.
