AGRZ’s (NASDAQ:AGRZ) Lock-Up Period To End on March 30th

AGRZ’s (NASDAQ:AGRZ) lock-up period will expire on Monday, March 30th. AGRZ had issued 1,250,000 shares in its initial public offering on October 1st. The total size of the offering was $5,000,000 based on an initial share price of $4.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on AGRZ in a research report on Wednesday, January 14th. They set a “sell (e-)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

AGRZ Trading Down 4.6%

Shares of AGRZ stock opened at $0.48 on Monday. AGRZ has a 52-week low of $0.33 and a 52-week high of $7.20. The stock has a fifty day simple moving average of $0.45.

AGRZ (NASDAQ:AGRZ) last posted its earnings results on Wednesday, December 31st. The company reported $0.01 EPS for the quarter. The business had revenue of $3.40 million for the quarter.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. HRT Financial LP purchased a new stake in AGRZ in the fourth quarter valued at approximately $33,000. Jane Street Group LLC purchased a new position in AGRZ in the 4th quarter worth approximately $67,000. Finally, XTX Topco Ltd bought a new position in shares of AGRZ in the 4th quarter worth $28,000.

About AGRZ

Agroz Inc is a fully vertically integrated agricultural technology company designing, building, managing and operating indoor Controlled Environment Agriculture vertical farms. Agroz Inc is based in KUALA LUMPUR, Malaysia.