AGRZ’s (NASDAQ:AGRZ) Lock-Up Period Will End on March 30th

AGRZ’s (NASDAQ:AGRZ) lock-up period is set to expire on Monday, March 30th. AGRZ had issued 1,250,000 shares in its IPO on October 1st. The total size of the offering was $5,000,000 based on an initial share price of $4.00. After the expiration of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on shares of AGRZ in a report on Wednesday, January 14th. They set a “sell (e-)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

AGRZ Trading Up 14.4%

AGRZ opened at $0.57 on Wednesday. AGRZ has a 52 week low of $0.33 and a 52 week high of $7.20. The stock’s 50 day moving average price is $0.45.

AGRZ (NASDAQ:AGRZ) last announced its earnings results on Wednesday, December 31st. The company reported $0.01 EPS for the quarter. The business had revenue of $3.40 million during the quarter.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of AGRZ. XTX Topco Ltd acquired a new stake in shares of AGRZ during the fourth quarter valued at $28,000. Jane Street Group LLC purchased a new position in shares of AGRZ during the 4th quarter worth $67,000. Finally, HRT Financial LP purchased a new position in shares of AGRZ during the 4th quarter worth $33,000.

About AGRZ

Agroz Inc is a fully vertically integrated agricultural technology company designing, building, managing and operating indoor Controlled Environment Agriculture vertical farms. Agroz Inc is based in KUALA LUMPUR, Malaysia.