AgriFORCE Growing Systems (NASDAQ:AGRI) Stock Price Down 7.9% – Here’s What Happened

AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI)’s share price was down 7.9% during trading on Wednesday . The company traded as low as $1.47 and last traded at $1.52. Approximately 3,443,689 shares were traded during trading, an increase of 581% from the average daily volume of 505,368 shares. The stock had previously closed at $1.65.

AgriFORCE Growing Systems Price Performance

The business has a 50-day moving average of $1.50 and a 200 day moving average of $2.39. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.60 and a current ratio of 0.62.

Institutional Trading of AgriFORCE Growing Systems

A hedge fund recently bought a new stake in AgriFORCE Growing Systems stock. Virtu Financial LLC acquired a new position in shares of AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 20,694 shares of the company’s stock, valued at approximately $49,000. Virtu Financial LLC owned approximately 2.05% of AgriFORCE Growing Systems at the end of the most recent quarter. 8.24% of the stock is owned by hedge funds and other institutional investors.

About AgriFORCE Growing Systems

AgriFORCE Growing Systems Ltd., an agriculture-focused technology company, focuses on the development and commercialization of plant-based ingredients and products that deliver healthier and nutritious solutions. The company operates in two divisions, AgriFORCE Solutions and AgriFORCE Brands. It also offers management advisory services and holds intellectual property, as well as engages in the real estate holding and development activities.