Agrify (NASDAQ:AGFY) Trading 2.2% Higher – Here’s Why
by Doug Wharley · The Cerbat GemAgrify Corporation (NASDAQ:AGFY – Get Free Report)’s stock price was up 2.2% during mid-day trading on Monday . The stock traded as high as $18.1999 and last traded at $15.67. Approximately 20,565 shares were traded during trading, a decline of 35% from the average daily volume of 31,467 shares. The stock had previously closed at $15.34.
Agrify Stock Up 2.2%
The company has a debt-to-equity ratio of 1.43, a current ratio of 2.64 and a quick ratio of 2.52. The business has a 50 day simple moving average of $20.73 and a 200 day simple moving average of $29.71. The stock has a market cap of $31.39 million, a PE ratio of -0.69 and a beta of 9.96.
About Agrify
Agrify Corporation (NASDAQ: AGFY) is a technology-driven company focused on developing integrated hardware and software solutions for controlled-environment agriculture. The company specializes in precision-engineered cultivation equipment designed to enhance operational efficiencies and improve crop consistency for commercial growers.
Central to Agrify’s product suite is its Vertical Farming Platform, which combines rolling bench systems with automated climate controls to maximize canopy density and simplify environmental management.