AgriFORCE Growing Systems ltd (NASDAQ:AGRI) shares, rose in value, with the stock price down by -2.99% to the previous day’s close as strong demand from buyers drove the stock to $0.15.
Actively observing the price movement in the last trading, the stock closed the session at $0.15. Referring to stock’s 52-week performance, its high was $33.00, and the low was $0.14. On the whole, AGRI has fluctuated by -19.33% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AGRI’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of AGRI currently trading nearly -8.37% and -15.21% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.93, while the 7-day volatility ratio is showing 8.62% which for the 30-day chart, stands at 9.11%. Furthermore, AgriFORCE Growing Systems ltd (AGRI)’s beta value is 0.19, and its average true range (ATR) is 0.02.
A comparison of AgriFORCE Growing Systems ltd (AGRI) with its peers suggests the former has fared considerably weaker in the market. AGRI showed an intraday change of -2.99% in last session, and over the past year, it shrunk by -99.54%%.
Data on historical trading for AgriFORCE Growing Systems ltd (NASDAQ:AGRI) indicates that the trading volumes over the past 3 months, they’ve averaged 4.07 million. According to company’s latest data on outstanding shares, there are 22.57 million shares outstanding.
Nearly 4.20% of AgriFORCE Growing Systems ltd’s shares belong to company insiders and institutional investors own 0.52% of the company’s shares. The stock has fallen by -68.29% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AGRI stock heading into the next quarter.
