Agrify Co. (NASDAQ:AGFY) CEO Buys 5,000 Shares

Agrify Co. (NASDAQ:AGFY) CEO Benjamin Kovler purchased 5,000 shares of the stock in a transaction on Friday, November 22nd. The shares were acquired at an average price of $45.89 per share, for a total transaction of $229,450.00. Following the transaction, the chief executive officer now directly owns 15,000 shares of the company’s stock, valued at $688,350. This represents a 50.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Agrify Price Performance

NASDAQ:AGFY traded down $1.81 during trading hours on Monday, reaching $45.81. 390,290 shares of the company were exchanged, compared to its average volume of 318,986. The firm has a market cap of $70.09 million, a PE ratio of -3.12 and a beta of 2.04. The stock’s 50-day moving average is $7.11 and its 200-day moving average is $5.40. The company has a current ratio of 0.75, a quick ratio of 0.10 and a debt-to-equity ratio of 0.80. Agrify Co. has a twelve month low of $2.71 and a twelve month high of $54.25.

Agrify Company Profile

Agrify Corporation offers hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. It 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.