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

Agrify Co. (NASDAQ:AGFY) CEO Benjamin Kovler acquired 5,000 shares of the company’s 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 completion of the acquisition, the chief executive officer now directly 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 document filed with the Securities & Exchange Commission, which is available at this link.

Agrify Stock Performance

Shares of Agrify stock opened at $62.71 on Wednesday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.10 and a current ratio of 0.75. Agrify Co. has a 1 year low of $2.71 and a 1 year high of $69.49. The firm’s 50-day simple moving average is $7.95 and its 200-day simple moving average is $5.69. The firm has a market cap of $95.95 million, a PE ratio of -4.48 and a beta of 2.04.

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.