Investors Are Waking Up To AgriFORCE Growing Systems ltd (NASDAQ: AGRI) After Losing -97.13% Over The Past 12 Months

AgriFORCE Growing Systems ltd (NASDAQ:AGRI) currently has a daily average trading volume of 23.10M but it saw 52939032 shares traded in last market. With a market cap of 7.08M USD, the company’s current market price of $0.06 came rising about 9.04 while comparing to the previous closing price of $0.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.67 and as low as $0.05. In the recent trading on the day, stock has struck highest price mark of $0.0557 while lowest mark touched by it was $0.0647.

Taking a look at 20-day trading activity of AgriFORCE Growing Systems ltd (AGRI) gives us an average price of $0.0550, while its current price level is -97.74% below from 52-week high level whereas it is 31.09% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.0576 while that of 200 days or SMA-200 reads an average of $0.1333. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.26% during that period while stretching the period over a month that increases to 17.19%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 54.94 which implies that the stock is in neutral territory.

Over the week, AGRI’s stock price is moving 13.77% up while it is 15.74% when we observe its performance for the past one month. Year-to-date it is -87.17% down and over the past year, the stock is showing a downside performance of -97.13%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.22 beaten by the consensus estimate of -0.19 for the same. The company is expected to be releasing its next quarterly report on 2022-Nov-10, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, AgriFORCE Growing Systems ltd’s total number of outstanding shares is 117.34M. Company’s return on investment (ROI) stands at -132.37% and return on equity (ROE) at -161.50%. Stock’s beta reads 0.07. Stock has a price to book (P/B) ratio of 0.45 while price to sale or P/S ratio amounts to 117.93. Its return on asset (ROA) is -88.79% on average.