AgroFresh Solutions Inc. (AGFS) Trading Down 3%
AgroFresh Solutions Inc. (NASDAQ:AGFS) traded down 3% on Thursday . The company traded as low as $5.70 and last traded at $5.74, with a volume of 58,856 shares. The stock had previously closed at $5.92.
Separately, Zacks Investment Research raised AgroFresh Solutions from a “sell” rating to a “hold” rating in a research note on Monday, May 2nd.
The firm has a 50 day moving average price of $5.26 and a 200-day moving average price of $5.54. The stock’s market capitalization is $286.43 million.
AgroFresh Solutions (NASDAQ:AGFS) last posted its quarterly earnings results on Tuesday, May 10th. The company reported ($0.51) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by $0.46. The company had revenue of $28.40 million for the quarter, compared to the consensus estimate of $30.80 million. On average, analysts anticipate that AgroFresh Solutions Inc. will post $0.17 earnings per share for the current fiscal year.
AgroFresh Solutions, Inc, formerly Boulevard Acquisition Corp., is engaged in providing specialty chemical solutions. The Company’s flagship product is the SmartFresh Quality System. The Company’s SmartFreshSM Quality System is a freshness protection technology that is used to maintain firmness, texture and appearance of fruits during storage and transport.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.