Agrify Corporation (NASDAQ:AGFY – Get Free Report) traded up 1.9% during trading on Wednesday. The stock traded as high as $16.89 and last traded at $16.50. 35,030 shares changed hands during mid-day trading, an increase of 10% from the average session volume of 31,892 shares. The stock had previously closed at $16.20.
Agrify Trading Up 1.9%
The firm has a market cap of $33.05 million, a P/E ratio of -0.73 and a beta of 9.96. The business’s 50-day moving average is $20.40 and its two-hundred day moving average is $21.84. The company has a current ratio of 2.64, a quick ratio of 2.52 and a debt-to-equity ratio of 1.43.
About Agrify
Agrify Corporation is a controlled-environment agriculture technology company that develops products and services for indoor cultivation, with a particular focus on the cannabis industry. Its solutions are designed to help commercial growers manage plant production in controlled indoor environments.
The company’s product portfolio has included modular Agrify Vertical Farming Units, which are intended to support multi-level cultivation, along with LED lighting, environmental-control equipment and other cultivation hardware.
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