Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. AgriFORCE Growing Systems Ltd.’s current trading price is -94.83% away from its 52-week high, while its distance from the 52-week low is 32.63%. The stock’s price range during this period has varied between $0.08 and $2.06. The company, active in the Consumer Defensive sector, saw a trading volume of around 26.22 million for the day, considerably higher average daily volume of 7.2 million observed over the last three months.
AgriFORCE Growing Systems Ltd. (AGRI) currently has a stock price of $0.11. The stock saw a sharp increase in the last trading session, hitting a high of $0.1268 after opening at $0.1258. The lowest recorded price for the day was $0.1002 before it closed at $0.14.
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The market performance of AgriFORCE Growing Systems Ltd. has been somewhat unstable. Over the past year, the company’s stock achieved a high of $2.06 on 09/21/22, with the lowest value for the same timeframe being $0.08, recorded on 09/11/23.
How Financial Performance Impacts Market Capitalization
AgriFORCE Growing Systems Ltd. (AGRI) has experienced a quarterly decline of -58.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.01M and boasts a workforce of 15 employees.
Decoding Analysts’ Ratings for AgriFORCE Growing Systems Ltd.
As of right now, 2 analysts are rating AgriFORCE Growing Systems Ltd. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.2514, with a change in price of -0.4778. Similarly, AgriFORCE Growing Systems Ltd. recorded 5,140,237 in trading volume during the last 100 days, posting a change of -81.77%.
How AGRI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for AGRI stands at 0.71. Similarly, the long-term debt-to-equity ratio is also 0.00.
AGRI Stock Stochastic Average
As of today, the raw stochastic average of AgriFORCE Growing Systems Ltd. over the last 50 days is at 17.80%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 26.28%. Further, the company’s Stochastic %K and %D values for the last 20 days were 46.10% and 41.27%, respectively.
AGRI Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -90.58%.However, over the last six months, we can see a stronger performance of -85.61%. Over the last 30 days, the price of AGRI has leaped by -13.41%. And in the last five days, it has surged by 23.84%.
