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 -99.54% away from its 52-week high, while its distance from the 52-week low is 2.79%. The stock’s price range during this period has varied between $0.14 and $31.00. The company, active in the Consumer Defensive sector, saw a trading volume of around 1.04 million for the day, considerably lower average daily volume of 4.12 million observed over the last three months.
The stock market performance of AgriFORCE Growing Systems ltd has been fairly unsteady. Over the last year, the company’s stock hit its highest at $31.00 on 05/08/23, while the lowest price during the same time frame was $0.14, recorded on 04/16/24.
How Financial Performance Impacts Market Capitalization
AgriFORCE Growing Systems ltd (AGRI) has experienced a quarterly decline of -53.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.25M and boasts a workforce of 10 employees.
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 0.2796, with a change in price of -0.5181. Similarly, AgriFORCE Growing Systems ltd recorded 2,741,075 in trading volume during the last 100 days, posting a change of -78.26%.
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 0.48. Similarly, the long-term debt-to-equity ratio is also 0.01.
AGRI Stock Stochastic Average
As of today, the raw stochastic average of AgriFORCE Growing Systems ltd over the last 50 days is at 3.12%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 8.55%. Further, the company’s Stochastic %K and %D values for the last 20 days were 27.56% and 28.22%, respectively.
AGRI Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price decrease of -69.38%. However, over the past six months, we’ve seen a stronger performance of -92.54%. The price of AGRI leaped by -13.63% over the last 30 days. And in the last five days, it has fallen by -1.44%.
