Agrify Co. (NASDAQ:AGFY) CEO Purchases $229,450.00 in Stock

Agrify Co. (NASDAQ:AGFY) CEO Benjamin Kovler purchased 5,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were bought at an average price of $45.89 per share, with a total value of $229,450.00. Following the purchase, the chief executive officer now owns 15,000 shares in the company, valued at $688,350. The trade was a 50.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Agrify Stock Performance

NASDAQ:AGFY opened at $54.55 on Thursday. The company has a market capitalization of $83.46 million, a P/E ratio of -3.89 and a beta of 2.04. The business has a fifty day simple moving average of $9.13 and a two-hundred day simple moving average of $6.10. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.75 and a quick ratio of 0.10. Agrify Co. has a 1 year low of $2.71 and a 1 year high of $84.44.

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.