Charles Schwab Investment Management Inc. Has $101,000 Stock Holdings in Forafric Global PLC $AFRI

Charles Schwab Investment Management Inc. decreased its holdings in shares of Forafric Global PLC (NASDAQ:AFRI) by 22.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,701 shares of the company’s stock after selling 3,440 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Forafric Global were worth $101,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets acquired a new stake in Forafric Global during the fourth quarter worth approximately $28,000. Northern Trust Corp grew its stake in Forafric Global by 18.4% during the fourth quarter. Northern Trust Corp now owns 48,133 shares of the company’s stock worth $493,000 after purchasing an additional 7,479 shares during the period. Finally, Bank of New York Mellon Corp acquired a new stake in Forafric Global during the first quarter worth approximately $87,000. Institutional investors and hedge funds own 5.49% of the company’s stock.

Forafric Global Stock Performance

NASDAQ AFRI opened at $8.39 on Friday. The business has a 50 day simple moving average of $7.95 and a 200 day simple moving average of $8.19. The company has a quick ratio of 0.30, a current ratio of 0.37 and a debt-to-equity ratio of 3.92. Forafric Global PLC has a one year low of $7.47 and a one year high of $11.74.

Forafric Global Company Profile

Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco, Burkina, Mali, Angola, and internationally. The company provides wheat flours and semolina; and secondary processing products, such as pasta and couscous under the TRIA and MayMouna brand names.