Agrify (NASDAQ:AGFY) Shares Scheduled to Reverse Split on Tuesday, October 8th

Shares of Agrify Co. (NASDAQ:AGFY) are scheduled to reverse split on Tuesday, October 8th. The 1-15 reverse split was announced on Friday, October 4th. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, October 7th.

Agrify Stock Performance

NASDAQ AGFY remained flat at $0.23 on Friday. 212,567 shares of the company traded hands, compared to its average volume of 3,165,134. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.09 and a current ratio of 0.82. The stock has a market capitalization of $3.23 million, a P/E ratio of -0.04 and a beta of 2.05. The stock’s 50 day moving average is $0.25 and its two-hundred day moving average is $0.30. Agrify has a fifty-two week low of $0.21 and a fifty-two week high of $2.87.

Agrify (NASDAQ:AGFY) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.13) earnings per share for the quarter. The firm had revenue of $2.99 million for the quarter.

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.