Agrify Co. (NASDAQ:AGFY – Free Report)’s stock is going to reverse split on the morning of Tuesday, October 8th. The 1-15 reverse split was announced on Friday, October 4th. The number of shares owned by shareholders will be adjusted after the market closes on Monday, October 7th.
Agrify Price Performance
Shares of AGFY stock opened at $0.23 on Friday. Agrify has a fifty-two week low of $0.21 and a fifty-two week high of $2.87. The firm has a market capitalization of $3.23 million, a PE ratio of -0.04 and a beta of 2.05. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.09 and a current ratio of 0.82. The stock’s 50-day simple moving average is $0.25 and its 200-day simple moving average is $0.30.
Agrify (NASDAQ:AGFY – Get Free Report) last issued its earnings results on Wednesday, August 14th. The company reported ($0.13) EPS for the quarter. The company had revenue of $2.99 million during the quarter.
About Agrify
Agrify Corporation offers hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. It offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products.
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