AgroFresh Solutions Inc. (AGFS) Sees Strong Trading Volume
AgroFresh Solutions Inc. (NASDAQ:AGFS) shares saw strong trading volume on Thursday . 233,815 shares were traded during trading, an increase of 102% from the previous session’s volume of 115,601 shares.The stock last traded at $6.49 and had previously closed at $6.51.
Separately, Zacks Investment Research raised AgroFresh Solutions from a “sell” rating to a “hold” rating in a report on Monday, May 2nd.
The company’s 50 day moving average is $5.49 and its 200 day moving average is $5.52. The firm’s market cap is $321.85 million.
AgroFresh Solutions (NASDAQ:AGFS) last released its quarterly earnings data on Tuesday, May 10th. The company reported ($0.51) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by $0.46. The firm earned $28.40 million during the quarter, compared to analyst estimates of $30.80 million. On average, equities research analysts anticipate that AgroFresh Solutions Inc. will post $0.17 EPS for the current 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.
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