Farmers Edge Inc. (OTC:FMEGF – Get Rating)’s stock price traded up 9.5% on Monday . The company traded as high as $0.19 and last traded at $0.19. 100 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 800 shares. The stock had previously closed at $0.17.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on FMEGF shares. National Bank Financial cut their price target on shares of Farmers Edge from C$1.00 to C$0.50 in a report on Thursday, October 20th. Canaccord Genuity Group reduced their price objective on shares of Farmers Edge from C$1.00 to C$0.40 and set a “hold” rating for the company in a research note on Wednesday, November 16th.
Farmers Edge Trading Up 9.5 %
The company has a fifty day moving average price of $0.24 and a two-hundred day moving average price of $0.58.
About Farmers Edge
Farmers Edge Inc develops digital agriculture solutions in Canada, the United States, Brazil, Australia, Russia, and Ukraine. It offers FarmCommand, a cloud-based analytics software platform that provides real-time monitoring, alerts, predictive models, and outcome-based data recommendations offered through web-based platform, mobile app, and universal terminal.
See Also
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