Streetbeat News

AAGR

African Agriculture Holdings Inc.

Industry

Agricultural Farm Products

African Agriculture Holdings Inc., a food security company, engages in operating a commercial-scale alfalfa farm on the African continent. The company is based in New York, New York. African Agriculture Holdings Inc. operates as a subsidiary of Global Commodities & Investments Ltd.

Open

0.01

Mkt cap

463K

Volume

406

High

0.01

P/E Ratio

-0.01

52-wk high

1.13

Low

0.01

Div yield

N/A

52-wk low

0.00

The article highlights four oversold stocks in the consumer staples sector with RSI values near or below 30, indicating potential buying opportunities. The stocks mentioned are African Agriculture Holdings Inc (AAGR), Moolec Science SA (MLEC), Estee Lauder Companies Inc (EL), and ELEVAI Labs Inc (ELAB).

Portfolio Pulse from Avi Kapoor

July 16, 2024 | 12:42 pm

Kaival Brands Innovations Group (NASDAQ:KAVL) shares dropped 47% after announcing a $6.0 million public offering. Other notable movers include American Rebel Holdings (NASDAQ:AREB) up 161% due to a new distribution agreement, and Sharecare (NASDAQ:SHCR) up 74% following an acquisition agreement.

Portfolio Pulse from Avi Kapoor

June 21, 2024 | 6:04 pm

In Friday's intraday session, several consumer staples stocks experienced significant movements. Notably, Branchout Food (BOF) led the gainers with a 34.9% increase, while Edible Garden AG (EDBL) headed the losers with a 13.0% decline. Other notable movers included Nuzee (NUZE), Smart for Life (SMFL), Oatly Group (OTLY), and BBB Foods (TBBB) among the gainers, and Barfresh Food Group (BRFH), Vintage Wine Estates (VWE), Molson Coors Beverage (TAP), and Flora Growth (FLGC) among the losers.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 4:31 pm

In Tuesday's intraday session, 8 consumer staples stocks showed significant movement. Dada Nexus, Honest Co, and Steakholder Foods were among the gainers, with increases of 14.0%, 12.67%, and 11.61% respectively. On the downside, Reborn Coffee, DDC Enterprise, African Agriculture Hldgs, 22nd Century Group, and Veru experienced declines, with Reborn Coffee leading the losses at 30.6%.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 5:31 pm

African Agriculture Holdings Inc (NASDAQ:AAGR) has appointed Michael Rhodes as its new CEO. Rhodes, with extensive experience in large-scale agriculture across Africa and a history of raising over $1.5B for development projects, succeeds Alan Kessler. Kessler will continue as Chairman and Chief Strategy Officer. The company aims to strengthen its position as a leading supplier of quality animal feeds and agricultural products in West Africa and beyond, expecting Rhodes to enhance commercial relationships and attract global institutional investors.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:40 pm

African Agriculture Holdings (AAGR) announced the appointment of Michael Rhodes as CEO and Secretary, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 9:31 pm

The article identifies three consumer staples stocks that are considered oversold based on their Relative Strength Index (RSI) values, suggesting a potential buying opportunity. Webuy Global Ltd (WBUY) announced a strategic collaboration with Ohmyhome, but its stock fell 53% over the past month. Maison Solutions Inc. (MSS) reported Q2 results and strategic growth plans, yet its stock dropped 93% over the past month. African Agriculture Holdings Inc. (AAGR) secured a supply agreement with Dr. Kahn, but its stock decreased 7% over the past five days.

Portfolio Pulse from Avi Kapoor

January 10, 2024 | 11:54 am

African Agriculture (AAGR) has announced an exclusive supply agreement to provide the full production from 700 hectares currently under development. This agreement is anticipated to contribute to the company's revenue in 2024 and 2025.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 1:31 pm

African Agriculture Holdings Inc (NASDAQ:AAGR) has entered into a multi-year supply agreement with South Korea's Dr. Kahn to supply alfalfa. The deal involves the production from 700 hectares and is expected to contribute to African Agriculture's revenue in 2024 and 2025. The agreement is seen as a validation of African Agriculture's growth strategy and its role in global food security. AAGR's stock traded 5.98% lower at $1.10 in premarket trading.

Portfolio Pulse from Anusuya Lahiri

January 04, 2024 | 1:30 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.