Streetbeat News

AGFY

Agrify Corporation

https://www.agrify.com

Industry

Engineering & Construction

Agrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. The company 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. It also provides associated services comprising consulting, engineering, and construction. The company was formerly known as Agrinamics, Inc. and changed its name to Agrify Corporation in September 2019. Agrify Corporation was incorporated in 2016 and is headquartered in Billerica, Massachusetts.

Open

12.92

Mkt cap

19M

Volume

565K

High

17.80

P/E Ratio

1.62

52-wk high

42.00

Low

12.91

Div yield

N/A

52-wk low

2.71

Shares of companies in the materials sector are down due to overall market weakness, affecting a broad range of companies.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 7:52 pm

Insiders at Agrify, CommScope Holding, and Rezolute have recently made significant stock purchases, signaling potential confidence in their companies' futures. Agrify's CEO acquired shares following a sales order announcement, CommScope's CFO bought shares amid a price target reduction, and Rezolute's CMO purchased shares after reporting a narrower quarterly loss.

Portfolio Pulse from Avi Kapoor

April 01, 2024 | 11:16 am

Agrify Corporation (NASDAQ:AGFY) has signed a contract with Connecticut-based New England Edibles, dba SoundView, to provide a Turnkey Hydrocarbon Extraction and Lab Equipment Package. This package includes various extraction systems and services to assist SoundView in meeting compliance for operation in Connecticut. SoundView, a woman and veteran-owned startup, aims to process and manufacture cannabis products for the CT market. Agrify's support encompasses design, equipment, and training, facilitating SoundView's setup for extraction capabilities.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 12:08 pm

In Friday's after-market session, several industrials stocks saw significant movements. Agrify, Hyzon Motors, FTC Solar, ESS Tech, Globavend Holdings, and Conduent experienced gains, while American Rebel Holdings, Sentage Holdings, Tutor Perini, Solidion Technology, Laser Photonics, and Fusion Fuel Green faced declines. Notably, Hyzon Motors' Q4 earnings were released.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 9:33 pm

In Wednesday's after-market session, several industrials stocks saw significant movements. Aeries Technology, Astra Space, Swvl Hldgs, Agrify, AERWINS Technologies, and Energous experienced gains, while Steelcase, Lucas GC, Baiyu Holdings, BioNexus Gene Lab, voxeljet, and noco-noco faced declines. Notably, Steelcase's drop followed its Q4 earnings release.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 9:34 pm

Agrify Corporation (AGFY) has secured a contract to provide turnkey solventless extraction equipment to Blackstone Valley Cannabis. Additionally, Blackstone Valley Cannabis has chosen Agrify's 6-day on-site Advanced Solvent Training Package for their staff training.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 12:27 pm

Agrify Corporation (AGFY) has entered into a turnkey extraction equipment deal with Justice Cannabis Co., marking its expansion into the New Jersey market. This partnership signifies Agrify's strategic move to enhance its presence in the rapidly growing cannabis industry by providing state-of-the-art extraction equipment to a leading multi-state operator.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 11:34 am

Agrify Corporation (NASDAQ:AGFY), a leader in cultivation and extraction solutions for the cannabis industry, has announced a deal with Justice Cannabis Co. to provide a comprehensive hydrocarbon extraction and lab equipment package as Justice Cannabis expands into the New Jersey market. This package includes a variety of extraction and lab equipment, as well as a UL-Compliant C1D1 Explosion Proof Room, designed for safe and easy installation.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 11:32 am

In Tuesday's after-market session, several industrials stocks saw significant movements. Agrify, Sunrise New Energy, Polar Power, Freight Technologies, Terran Orbital, and Dragonfly Energy Holdings were among the gainers, with increases ranging from 4.24% to 8.9%. Conversely, ChargePoint Holdings, Mesa Air Group, Solidion Technology, Momentus, Earlyworks Co, and Redwire experienced declines between 3.62% and 8.0%. ChargePoint's drop was notably tied to its Q4 earnings release.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 9:31 pm

In Monday's intraday session, several industrials stocks experienced significant movements. Xos, Fusion Fuel Green, Satellogic, Vast Renewables, Terran Orbital, and Roma Green Finance were among the gainers, with Xos leading at a 40.2% increase. On the downside, Astra Space, Primech Holdings, Agrify, Spirit Airlines, Acme United, and Applied UV saw notable declines, with Astra Space dropping by 39%. These movements reflect varying market capitalizations and specific events affecting the companies.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:34 pm

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