Watch for Continued Losses in Shares of Agrify Corporation (AGFY)

April 21, 2021 10:21:31

Agrify Corporation (NASDAQ:AGFY) traded at a new 52-week low today of $9.75. So far today approximately 532,000 shares have been exchanged, as compared to an average 30-day volume of 541,000 shares.

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.

In the past 52 weeks, shares of Agrify Corporation have traded between the current low of $9.75 and a high of $21.43 and is now at $10.30.

Potential upside of 24.7% exists for Agrify Corporation, based on a current level of $10.30 and analysts’ average consensus price target of $12.85.

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