AGRZ (NASDAQ:AGRZ) Announces Earnings Results

AGRZ (NASDAQ:AGRZ) posted its quarterly earnings data on Monday. The company reported $0.03 earnings per share for the quarter, reports. The business had revenue of $5.61 million for the quarter.

AGRZ Stock Performance

Shares of AGRZ traded down $0.00 during midday trading on Monday, hitting $0.19. The stock had a trading volume of 879,774 shares, compared to its average volume of 4,658,767. AGRZ has a fifty-two week low of $0.17 and a fifty-two week high of $7.20. The business has a 50-day simple moving average of $0.26 and a two-hundred day simple moving average of $0.35.

AGRZ’s stock is scheduled to reverse split before the market opens on Tuesday, September 29th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, September 28th.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of AGRZ from a “sell (e)” rating to a “sell (d-)” rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, AGRZ has an average rating of “Sell”.

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.