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 -96.77% away from its 52-week high, while its distance from the 52-week low is 9.62%. The stock’s price range during this period has varied between $3.02 and $102.60. The company, active in the Consumer Defensive sector, saw a trading volume of around 5.06 million for the day, considerably higher average daily volume of 0.26 million observed over the last three months.
AgriFORCE Growing Systems ltd’s stock has had a tumultuous market performance.
How Financial Performance Impacts Market Capitalization
AgriFORCE Growing Systems ltd (AGRI) has experienced a quarterly decline of -80.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.89M.
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 10.89, with a change in price of -10.00. Similarly, AgriFORCE Growing Systems ltd recorded 282,256 in trading volume during the last 100 days, posting a change of -74.57%.
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 0.72. 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 past 50 days is 3.59%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 5.62%. Additionally, the Stochastic %K and %D values for the company were 3.03% and 4.42%, respectively, over the past 20 days.
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. Year to date metric has recorded a loss of -93.60%.However, over the last six months, we can see a stronger performance of -81.97%. Over the last 30 days, the price of AGRI has leaped by -52.78%. And in the last five days, it has fallen by -19.06%.
