AFRI Stock Summary and Trading Ideas (Forafric Global PLC - | NASDAQ:AFRI)

Forafric Global PLC is engaged in production and sale of a variety of wheat flours, Semolina and Pasta and Couscous in Morocco and in more than 45 countries. The two main brands in Morocco are MAYMOUNA and TRIA. The company derives majority of its revenue from Soft wheat.

Forafric Global PLC - trades on the NASDAQ stock market under the symbol AFRI.

As of March 13, 2025, AFRI stock price was flat at $8.53 with 1,844 million shares trading.

AFRI has a market cap of $229.28 million. This is considered a Small Cap stock.

The top ETF exchange traded funds that AFRI belongs to (by Net Assets): IWM, IWO, VTWO, IWC, VTWG.

AFRI has underperformed the market in the last year with a price return of -17.7% while the SPY ETF gained +7.9%. AFRI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -15.5% and -9.3%, respectively, while the SPY returned -8.6% and -7.4%, respectively.

AFRI support price is $8.20 and resistance is $8.86 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AFRI shares will trade within this expected range on the day.