RYTHM (NASDAQ:RYM) Stock Rating Lowered by Wall Street Zen

RYTHM (NASDAQ:RYM) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of RYTHM in a report on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

RYTHM Price Performance

RYTHM stock opened at $23.87 on Friday. RYTHM has a 12-month low of $13.22 and a 12-month high of $53.65. The company has a debt-to-equity ratio of 6.82, a current ratio of 1.99 and a quick ratio of 1.78. The stock has a market cap of $51.32 million, a P/E ratio of -2.24 and a beta of 9.88. The business’s fifty day moving average price is $27.51.

RYTHM (NASDAQ:RYM) last announced its earnings results on Friday, November 7th. The company reported ($5.31) earnings per share (EPS) for the quarter. RYTHM had a negative return on equity of 146.47% and a negative net margin of 269.95%.The business had revenue of $4.04 million for the quarter.

RYTHM Company Profile

Agrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. The company offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products. It also provides associated services comprising consulting, engineering, and construction.