Agrify
AGFY
shares rose 19% in recent trading Thursday after the company announced a multimillion-dollar sales agreement with Ocean Deep/Golden Lake Business Park, a California-based cannabis operator, for a hydrocarbon extraction system.
Ocean Deep will use Agrify's turnkey PX30 hydrocarbon extraction lab package to boost product offerings, according to a...
Have been watching this one for a bit as it trended down.. Been waiting for a green daily candle to be made completely outside of the downtrend and outside of the triangle, so far today is that day. Also >$26 was my entry PT and it meets that criteria also. Im a BUYER. RSI @45ish up 4%+ today.$30c 10/15s could make some money nat their paltry $2.40 premium.
Agrify has sustained amazing revenue growth in first quarter 2021, it increased 600% to record $7 million from January 1st, 2021 to March 31st, 2021.
The revenue exceeded analysts expectations. The earnings are still at a net loss, but that is not uncommon for newly public tech sector companies.
The IPO price on January 28th was $13.50, it then shot up to $21.43...
Agrify Corp provides hardware and software to grow solutions for the indoor agriculture marketplace. The products offered by the company include Integrated Grow Racks, LED Grow Lights, Hydroponics, and Vertical Farming Units.
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Agrify was a recent IPO on 1/28/2021 offered at $13.50/share, it shot up to $21.43 on 2/08/2021 at the height of the tech hype when the Nasdaq was at its record of 14,000 points.
Fundamentals: have improved since 2019, revenue is up about 190%. Gross profit was $570,000 for year ended 12/31/2020 vs net loss of ($245,000) for year ending 12/31/2019. Their R&D...
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Agrify is a developer of highly advanced and proprietary precision hardware and software grow solutions for the indoor agriculture marketplace.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in...
