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Forafric Global (NASDAQ:AFRI) Shares Down 0.3% - What's Next?

Forafric Global logo with Consumer Staples background

Forafric Global PLC (NASDAQ:AFRI - Get Free Report) shares fell 0.3% during mid-day trading on Tuesday . The stock traded as low as $10.05 and last traded at $10.25. 4,810 shares were traded during trading, a decline of 54% from the average session volume of 10,471 shares. The stock had previously closed at $10.28.

Forafric Global Trading Down 0.3 %

The company has a fifty day simple moving average of $10.26 and a two-hundred day simple moving average of $10.74.

Hedge Funds Weigh In On Forafric Global

Hedge funds and other institutional investors have recently bought and sold shares of the business. State Street Corp boosted its position in shares of Forafric Global by 2.0% in the 3rd quarter. State Street Corp now owns 50,236 shares of the company's stock worth $570,000 after purchasing an additional 1,000 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Forafric Global by 6.7% during the third quarter. Geode Capital Management LLC now owns 69,758 shares of the company's stock worth $791,000 after buying an additional 4,361 shares during the last quarter. Barclays PLC grew its position in shares of Forafric Global by 57.1% during the 3rd quarter. Barclays PLC now owns 15,522 shares of the company's stock worth $176,000 after buying an additional 5,641 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of Forafric Global by 210.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,095 shares of the company's stock valued at $103,000 after acquiring an additional 6,167 shares during the last quarter. 5.49% of the stock is owned by institutional investors.

About Forafric Global

(Get Free Report)

Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco, Burkina, Mali, Angola, and internationally. The company provides wheat flours and semolina; and secondary processing products, such as pasta and couscous under the TRIA and MayMouna brand names.

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