AgriFORCE Growing Systems (NASDAQ:AGRI) Trading Up 21.8% – Should You Buy?

AgriFORCE Growing Systems Ltd. (NASDAQ:AGRIGet Free Report) rose 21.8% on Tuesday . The stock traded as high as $2.44 and last traded at $2.4850. Approximately 321,811 shares were traded during trading, an increase of 32% from the average daily volume of 244,668 shares. The stock had previously closed at $2.04.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of AgriFORCE Growing Systems in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis on AGRI

AgriFORCE Growing Systems Stock Performance

The firm has a fifty day simple moving average of $2.68 and a 200-day simple moving average of $4.18. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.01. The company has a market cap of $3.26 million, a PE ratio of -0.07 and a beta of -0.03.

Hedge Funds Weigh In On AgriFORCE Growing Systems

An institutional investor recently bought a new position in AgriFORCE Growing Systems stock. Virtu Financial LLC purchased a new stake in AgriFORCE Growing Systems Ltd. (NASDAQ:AGRIFree Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 23,005 shares of the company’s stock, valued at approximately $75,000. Virtu Financial LLC owned about 1.76% of AgriFORCE Growing Systems at the end of the most recent reporting period. 8.24% of the stock is currently owned by hedge funds and other institutional investors.

AgriFORCE Growing Systems Company Profile

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AgriFORCE Growing Systems, Inc (NASDAQ: AGRI) is a Canada‐based agriculture technology company that invests in and manages greenhouse produce operations across North America. The company’s primary focus is on applying proprietary greenhouse production technologies—such as controlled environment systems, data‐driven crop protocols and resource‐efficient cultivation methods—through joint ventures and licensing arrangements with established growers.

Through its portfolio of equity interests and service agreements, AgriFORCE partners support greenhouse facilities that cultivate a variety of high‐value vegetables, including tomatoes, cucumbers and sweet peppers.

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