RYTHM (NASDAQ:RYM) Rating Lowered to “Sell” at Wall Street Zen

RYTHM (NASDAQ:RYM) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of RYTHM in a research note on Monday, December 22nd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

RYTHM Stock Down 8.9%

NASDAQ RYM opened at $15.80 on Friday. RYTHM has a twelve month low of $13.22 and a twelve month high of $53.65. The company has a debt-to-equity ratio of 6.82, a quick ratio of 1.78 and a current ratio of 1.99. The company has a market capitalization of $33.97 million, a PE ratio of -1.48 and a beta of 9.88. The company has a 50-day simple moving average of $21.20.

RYTHM (NASDAQ:RYM) last released its quarterly earnings data on Friday, November 7th. The company reported ($5.31) earnings per share for the quarter. The company had revenue of $4.04 million for the quarter. RYTHM had a negative net margin of 269.95% and a negative return on equity of 146.47%.

About RYTHM

Agrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. The company offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products. It also provides associated services comprising consulting, engineering, and construction.