Forafric Global (NASDAQ:AFRI) Shares Gap Up to $10.27

Forafric Global PLC (NASDAQ:AFRI)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $10.27, but opened at $10.50. Forafric Global shares last traded at $10.50, with a volume of 845 shares changing hands.

Forafric Global Stock Performance

The business’s 50 day simple moving average is $10.40 and its 200-day simple moving average is $10.73.

Institutional Trading of Forafric Global

A number of institutional investors have recently made changes to their positions in AFRI. JPMorgan Chase & Co. bought a new stake in shares of Forafric Global in the 2nd quarter worth approximately $49,000. Barclays PLC bought a new stake in Forafric Global in the second quarter worth approximately $49,000. Dimensional Fund Advisors LP bought a new stake in shares of Forafric Global during the 4th quarter worth $126,000. Charles Schwab Investment Management Inc. bought a new stake in shares of Forafric Global during the 2nd quarter worth $131,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Forafric Global during the 2nd quarter worth $132,000. 5.49% of the stock is owned by institutional investors and hedge funds.

About Forafric Global

Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco, Burkina, Mali, Angola, and internationally. The company offers flour and semolina; and secondary processing products, such as pasta and couscous under the Tria and MayMouna brands.