Agrify Co. (NASDAQ:AGFY) CEO Benjamin Kovler Purchases 5,000 Shares

Agrify Co. (NASDAQ:AGFY) CEO Benjamin Kovler acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were acquired at an average cost 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. This represents a 50.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Agrify Trading Down 3.8 %

Shares of Agrify stock opened at $45.81 on Tuesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.75 and a quick ratio of 0.10. The stock’s 50 day simple moving average is $7.95 and its 200-day simple moving average is $5.69. The stock has a market cap of $70.09 million, a P/E ratio of -3.27 and a beta of 2.04. Agrify Co. has a 1-year low of $2.71 and a 1-year high of $54.25.

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.