Forafric Global (AFRI) Stock Price, News & Analysis

Company Overview

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. It serves wholesale foods manufacturers and distributors. The company also exports its products to approximately 45 countries. Forafric Global PLC was founded in 1926 and is headquartered in Gibraltar.

Key Stats

• Today's Range: $10.02 to $10.55
• 50-Day Range: $10.12 to $11.59
• 52-Week Range: $9.63 to $12.00
• Volume: 21,248 shs
• Average Volume: 6,789 shs
• Market Capitalization: $273.10 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Forafric Global Stock Analysis - MarketRank™

Forafric Global scored higher than 7% of companies evaluated by MarketBeat, and ranked 136th out of 138 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Forafric Global.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Forafric Global has a P/B Ratio of 9.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.50% of the float of Forafric Global has been sold short.

Short Interest Ratio / Days to Cover

Forafric Global has a short interest ratio ("days to cover") of 32.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Forafric Global has recently decreased by 6.72%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Forafric Global does not currently pay a dividend.

Dividend Growth

Forafric Global does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.50% of the float of Forafric Global has been sold short.

Short Interest Ratio / Days to Cover

Forafric Global has a short interest ratio ("days to cover") of 32.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Forafric Global has recently decreased by 6.72%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.44

News Sentiment

Forafric Global has a news sentiment score of 1.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Forafric Global this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Forafric Global insiders have not sold or bought any company stock.

Percentage Held by Insiders

13.50% of the stock of Forafric Global is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 5.49% of the stock of Forafric Global is held by institutions.

AFRI Stock Analysis - Frequently Asked Questions

How have AFRI shares performed this year?

Forafric Global's stock was trading at $10.59 at the start of the year. Since then, AFRI stock has decreased by 4.1% and is now trading at $10.16.
View the best growth stocks for 2024 here.

Who are Forafric Global's major shareholders?

Top institutional investors of Forafric Global include Geode Capital Management LLC (0.26%), State Street Corp (0.19%), Barclays PLC (0.06%) and Barclays PLC (0.06%).

How do I buy shares of Forafric Global?

Shares of AFRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Forafric Global own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Forafric Global investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Home Depot (HD) and Netflix (NFLX).

Company Calendar

• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Grain mill products
• Sub-Industry: Food Products
• Current Symbol: NASDAQ:AFRI
• CUSIP: N/A
• CIK: 1903870
• Web: forafric.com
• Phone: 01135020072505
• Fax: N/A
• Employees: 1
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $305.48 million
• Price / Sales: 0.89
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.09 per share
• Price / Book: 9.32

Miscellaneous

• Outstanding Shares: 26,880,000
• Free Float: 23,250,000
• Market Cap: $273.10 million
• Optionable: Not Optionable
• Beta: 0.40