AgriFORCE Growing Systems Ltd. [AGRI] Investment Appeal on the Rise

In a filing, AgriFORCE Growing Systems Ltd. revealed its Director Mueller Ingo Wilhelm unloaded Company’s shares for reported $13000.0 on Aug 01. In the deal valued at $0.13 per share,100,000 shares were sold. As a result of this transaction, Mueller Ingo Wilhelm now holds 273,577 shares worth roughly $ 24621.93.

Then, Mueller Ingo Wilhelm sold 200,000 shares, generating $28,111 in total proceeds. Upon selling the shares at $0.14, the CEO and Chairman now owns 373,577 shares.

Before that, Mueller Ingo Wilhelm sold 200,000 shares. AgriFORCE Growing Systems Ltd. shares valued at $28,984 were divested by the CEO and Chairman at a price of $0.14 per share. As a result of the transaction, Mueller Ingo Wilhelm now holds 573,577 shares, worth roughly $51621.93.

Price Performance Review of AGRI

On Tuesday, AgriFORCE Growing Systems Ltd. [NASDAQ:AGRI] saw its stock fall -7.19% to $0.09. On the same session, the stock had its day’s lowest price of $0.0874, but rose to a high of $0.103. Over the last five days, the stock has lost -12.10%. AgriFORCE Growing Systems Ltd. shares have fallen nearly -91.77% since the year began. Nevertheless, the stocks have fallen -94.89% over the past one year. While a 52-week high of $2.09 was reached on 01/17/23, a 52-week low of $0.10 was recorded on 09/05/23. SMA at 50 days reached $0.1465, while 200 days put it at $0.6819. A total of 1.97 million shares were traded, compared to the trading of 3.67 million shares in the previous session.

Levels Of Support And Resistance For AGRI Stock

The 24-hour chart illustrates a support level at 0.0859, which if violated will result in even more drops to 0.0789. On the upside, there is a resistance level at 0.1015. A further resistance level may holdings at 0.1101. The Relative Strength Index (RSI) on the 14-day chart is 31.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0097, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.93%. Stochastics %K at 15.28% indicates the stock is a buying.

How much short interest is there in AgriFORCE Growing Systems Ltd.?

A steep rise in short interest was recorded in AgriFORCE Growing Systems Ltd. stocks on Aug 14, 2023, growing by 2.08 million shares to a total of 2.2 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 0.12 million shares. There was a rise of 94.7%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 6.06% of the overall stock float, the days-to-cover ratio (short ratio) rose to 0.24.

AgriFORCE Growing Systems Ltd. [AGRI] – Who Are The Largest Shareholders?

In filings from Ayrton Capital LLC, it is revealed that the company now owns 70,922 shares, or roughly 0.38% of the outstanding AGRI shares. Additionally, AMG National Trust Bank increased 180.00% of its stake after which the total value it holdings stand at $7,280, while Virtu Financial BD LLC reduced -31.21% of its stake to hold $5742.0 in the firm. Over the last quarter, Two Sigma Securities LLC purchased 28,342 shares of AgriFORCE Growing Systems Ltd., while 1832 Asset Management LP bought 0 shares. At present, HRT Financial LLC is holding 22,208 shares valued at $2887.0. RBC Dominion Securities, Inc. owned 19,230 shares of the company at the time of its most recent 13F filing, worth $2500.0.

According to FactSet, AgriFORCE Growing Systems Ltd.’s share price will average $2.00 in the next year, based on opinions of analysts polled by the firm. This is up nearly 1900.0 percent from its previous closing price of $0.10. Analysts expect AgriFORCE Growing Systems Ltd. stock to reach the higher price of $2.00, while the lowest price estimate is $2.00. However, 1 analyst have rated AGRI stock as a Buy in their predictions for 2023.