AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI – Get Rating) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 278,000 shares, an increase of 109.2% from the August 15th total of 132,900 shares. Currently, 2.7% of the company’s shares are sold short. Based on an average daily trading volume, of 606,500 shares, the short-interest ratio is presently 0.5 days.
Wall Street Analyst Weigh In
Separately, HC Wainwright initiated coverage on AgriFORCE Growing Systems in a report on Wednesday, August 31st. They set a “buy” rating and a $5.50 target price on the stock.
AgriFORCE Growing Systems Price Performance
Shares of AGRI opened at $1.63 on Thursday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.14. AgriFORCE Growing Systems has a 1 year low of $1.12 and a 1 year high of $7.15. The stock has a market cap of $25.35 million, a P/E ratio of -2.12 and a beta of 2.45. The stock’s 50-day moving average price is $1.87 and its two-hundred day moving average price is $2.33.
Hedge Funds Weigh In On AgriFORCE Growing Systems
AgriFORCE Growing Systems Company Profile
AgriFORCE Growing Systems Ltd., an agriculture-focused technology company, focuses on the development and commercialization of plant-based ingredients and products for businesses and consumers that deliver healthier and nutritious solutions. It also engages in the real estate holding and development activities; provision of management advisory services; and intellectual property development activities.
- Get a free copy of the StockNews.com research report on AgriFORCE Growing Systems (AGRI)
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