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Tuesday, January 31, 2023

Value Investing Philosophy And Agrify Corporation (NASDAQ: AGFY)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Agrify Corporation (AGFY) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.0099, or -2.15%, to $0.4501. The Agrify Corporation has recorded 158,041 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Agrify Announces Closing of $8.7 Million Public Offering.


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Stocks Info

AGFY belongs to the Industrials sector of the NASDAQ while operating in the Engineering & Construction industry. At the end of the last regular session, the stock closed at $0.46 and fluctuated between $0.5153 as its day high and $0.4299 as its day low. The current market capitalization of Agrify Corporation is $4.08M. A total of 4.38 million shares were traded on the day, compared to an average of 2.77M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, AGFY has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 6 BUYs and 0 SELLs from insiders. Insiders purchased 158,296 shares during that period but sold 0.

In the most recent transaction, Chang Raymond Nobu bought 2,307,692 shares of AGFY for 0.65 per share on Dec 20. After the transaction, the CEO and Chairman now owns 2,361,538 company shares. In a previous transaction on Dec 19, Hua Guichao bought 54,264 shares at 85.10 per share. AGFY shares that Director owns now total 65,956.

Among the insiders who bought shares, Chang Raymond Nobu acquired of 5,000 shares on May 20 at a per-share price of $2.50. This resulted in the CEO and Chairman holding 15,000 shares of AGFY after the transaction. In another insider transaction, Chang Raymond Nobu bought 10,000 shares at $2.61 per share on May 16. Company shares held by the CEO and Chairman now total 10,000.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for AGFY in the last 3 months, the mean price target is $1.68 with high estimates of $3.00 and low estimates of $0.35. In terms of 52-week highs and lows, AGFY has a high of $99.70 and a low of $0.25.

As of this writing, AGFY has an earnings estimate of -$4.65 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$4.6 per share and a lower estimate of -$4.7. The company reported an EPS of -$3.6 in the last quarter, which was -10.10% lower than expectations of -$3.27.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 3 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AGFY is Buy with a score of 4.00. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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