Agrify Co. (NASDAQ:AGFY) CEO Benjamin Kovler 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 stock was acquired at an average cost of $45.89 per share, for a total transaction of $229,450.00. Following the completion of the acquisition, the chief executive officer now owns 15,000 shares of the company’s stock, valued at $688,350. The trade was a 50.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Agrify Stock Performance

Shares of AGFY stock traded down $1.81 on Monday, hitting $45.81. The company had a trading volume of 390,290 shares, compared to its average volume of 318,986. The firm has a market cap of $70.09 million, a P/E ratio of -3.12 and a beta of 2.04. Agrify Co. has a twelve month low of $2.71 and a twelve month high of $54.25. The company has a 50-day moving average price of $7.11 and a 200-day moving average price of $5.40. The company has a quick ratio of 0.10, a current ratio of 0.75 and a debt-to-equity ratio of 0.80.

About Agrify

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.