AgroFresh Solutions Inc (AGFS) Sees Unusually-High Trading Volume
Shares of AgroFresh Solutions Inc (NASDAQ:AGFS) saw unusually-strong trading volume on Monday . Approximately 182,456 shares changed hands during mid-day trading, an increase of 62% from the previous session’s volume of 112,905 shares.The stock last traded at $6.32 and had previously closed at $6.18.
Separately, Zacks Investment Research upgraded AgroFresh Solutions from a “sell” rating to a “hold” rating in a research note on Tuesday, April 26th.
The firm’s 50 day moving average is $5.64 and its 200-day moving average is $5.53. The company’s market cap is $306.39 million.
AgroFresh Solutions, Inc, formerly Boulevard Acquisition Corp., is a developer of agricultural technologies that preserve the freshness and value of fresh produce, including apples, pears, kiwifruit, avocados and bananas, as well as flowers. The Company’s principal product, The SmartFresh Quality System (SmartFresh), regulates the post-harvest ripening effects of ethylene, the naturally occurring plant hormone that triggers ripening in certain fruits and vegetables, through technology.
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