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Forafric Global (NASDAQ:AFRI) Trading Down 0.7% - Here's What Happened

Forafric Global logo with Consumer Staples background

Forafric Global PLC (NASDAQ:AFRI - Get Free Report)'s stock price fell 0.7% during mid-day trading on Monday . The stock traded as low as $10.11 and last traded at $10.11. 4,379 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 10,311 shares. The stock had previously closed at $10.18.

Forafric Global Price Performance

The firm's 50-day moving average is $10.42 and its 200-day moving average is $10.84.

Institutional Trading of Forafric Global

Institutional investors have recently added to or reduced their stakes in the business. Barclays PLC boosted its position in Forafric Global by 57.1% during the third quarter. Barclays PLC now owns 15,522 shares of the company's stock valued at $176,000 after buying an additional 5,641 shares during the period. State Street Corp boosted its position in Forafric Global by 2.0% during the third quarter. State Street Corp now owns 50,236 shares of the company's stock valued at $570,000 after buying an additional 1,000 shares during the period. Finally, Geode Capital Management LLC boosted its position in Forafric Global by 6.7% during the third quarter. Geode Capital Management LLC now owns 69,758 shares of the company's stock valued at $791,000 after buying an additional 4,361 shares during the period. 5.49% of the stock is currently owned by hedge funds and other institutional investors.

Forafric Global Company Profile

(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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