Why Is Cultivation Solutions Provider Agrify Stock Soaring Today?
Benzinga (Wed, 17-Apr 10:04 AM ET)
Nature's Miracle looks to acquire Agrify
Seeking Alpha News (Wed, 17-Apr 7:41 AM ET)
Nature's Miracle Holding Inc. and Agrify Corporation Agree to Merge
Globe Newswire (Wed, 17-Apr 7:30 AM ET)
Agrify GAAP EPS of $0.35, revenue of $2.86M
Seeking Alpha News (Tue, 16-Apr 3:27 AM ET)
Agrify Cannabis Cultivation & Tech Company's Full-Year Earnings Mark Major Positive Comeback
Benzinga (Mon, 15-Apr 8:17 PM ET)
Agrify Corporation Reports Full-Year 2023 Earnings
Globe Newswire (Mon, 15-Apr 5:42 PM ET)
Globe Newswire (Thu, 11-Apr 8:00 AM ET)
Globe Newswire (Thu, 28-Mar 8:00 AM ET)
Globe Newswire (Wed, 20-Mar 8:00 AM ET)
Globe Newswire (Wed, 13-Mar 7:30 AM ET)
Agrify Corp is a leading provider of innovative cultivation and extraction solutions for the cannabis industry, bringing data, science, and technology to the forefront of the market. Its proprietary micro-environment-controlled Agrify Vertical Farming Units (VFUs) enable cultivators to produce high-quality products The products offered by the company include Integrated Grow Racks, LED Grow Lights, Hydroponics, and Vertical Farming Units.
Agrify trades on the NASDAQ stock market under the symbol AGFY.
As of April 18, 2024, AGFY stock price declined to $0.30 with 2,143,715 million shares trading.
AGFY has a beta of 3.68, meaning it tends to be more sensitive to market movements. AGFY has a correlation of 0.14 to the broad based SPY ETF.
AGFY has a market cap of $4.06 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, AGFY stock traded as high as $7,188.00 and as low as $.25.
The top ETF exchange traded funds that AGFY belongs to (by Net Assets): VXF.
AGFY has underperformed the market in the last year with a price return of -91.4% while the SPY ETF gained +22.3%. AGFY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -74.9% and -23.7%, respectively, while the SPY returned +6.1% and -3.8%, respectively.
AGFY support price is $.34 and resistance is $.39 (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 AGFY stock will trade within this expected range on the day.