Forafric Global Plc Stock Buy Hold or Sell Recommendation
| AFRI Stock | USD 10.18 0.02 0.20% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Forafric Global PLC is 'Strong Hold'. The recommendation algorithm takes into account all of Forafric Global's available fundamental, technical, and predictive indicators you will find on this site.
Check out Forafric Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Forafric and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Forafric Global PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Forafric |
Execute Forafric Global Buy or Sell Advice
The Forafric recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Forafric Global PLC. Macroaxis does not own or have any residual interests in Forafric Global PLC or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Forafric Global's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Forafric Global Trading Alerts and Improvement Suggestions
| Forafric Global PLC generated a negative expected return over the last 90 days | |
| Forafric Global PLC has high likelihood to experience some financial distress in the next 2 years | |
| Forafric Global PLC currently holds 198.77 M in liabilities with Debt to Equity (D/E) ratio of 4.55, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Forafric Global PLC has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Forafric Global's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 305.48 M. Net Loss for the year was (12.68 M) with profit before overhead, payroll, taxes, and interest of 42.37 M. | |
| About 82.0% of Forafric Global shares are held by company insiders | |
| Latest headline from news.google.com: When Moves Investors should Listen - Stock Traders Daily |
Forafric Global Returns Distribution Density
The distribution of Forafric Global's historical returns is an attempt to chart the uncertainty of Forafric Global's future price movements. The chart of the probability distribution of Forafric Global daily returns describes the distribution of returns around its average expected value. We use Forafric Global PLC price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Forafric Global returns is essential to provide solid investment advice for Forafric Global.
| Mean Return | -0.14 | Value At Risk | -2.16 | Potential Upside | 2.22 | Standard Deviation | 1.52 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Forafric Global historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Forafric Stock Institutional Investors
| Shares | Barclays Plc | 2024-06-30 | 9.9 K | New York State Common Retirement Fund | 2024-09-30 | 5.3 K | Rhumbline Advisers | 2024-06-30 | 4.7 K | Acadian Asset Management Llc | 2024-06-30 | 3.3 K | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 3.3 K | Corebridge Financial Inc | 2024-06-30 | 3 K | Jpmorgan Chase & Co | 2024-06-30 | 2.9 K | Ubs Group Ag | 2024-06-30 | 2.8 K | Tower Research Capital Llc | 2024-06-30 | 2.3 K | Blackrock Inc | 2024-06-30 | 114.6 K | Geode Capital Management, Llc | 2024-06-30 | 65.4 K |
Forafric Global Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Forafric Global or Food Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Forafric Global's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Forafric stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 0.87 | |
σ | Overall volatility | 1.49 | |
Ir | Information ratio | -0.16 |
Forafric Global Volatility Alert
Forafric Global PLC exhibits very low volatility with skewness of 0.36 and kurtosis of 0.63. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Forafric Global's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Forafric Global's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Forafric Global Fundamentals Vs Peers
Comparing Forafric Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Forafric Global's direct or indirect competition across all of the common fundamentals between Forafric Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as Forafric Global or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Forafric Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing Forafric Global by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Forafric Global to competition |
| Fundamentals | Forafric Global | Peer Average |
| Return On Equity | -0.34 | -0.31 |
| Return On Asset | 0.0023 | -0.14 |
| Profit Margin | (0.04) % | (1.27) % |
| Operating Margin | 0.02 % | (5.51) % |
| Current Valuation | 448.38 M | 16.62 B |
| Shares Outstanding | 26.88 M | 571.82 M |
| Shares Owned By Insiders | 81.59 % | 10.09 % |
| Shares Owned By Institutions | 1.83 % | 39.21 % |
| Number Of Shares Shorted | 299.66 K | 4.71 M |
| Price To Book | 12.00 X | 9.51 X |
| Price To Sales | 0.90 X | 11.42 X |
| Revenue | 305.48 M | 9.43 B |
| Gross Profit | 42.37 M | 27.38 B |
| EBITDA | 7.48 M | 3.9 B |
| Net Income | (12.68 M) | 570.98 M |
| Cash And Equivalents | 21.08 M | 2.7 B |
| Cash Per Share | 0.80 X | 5.01 X |
| Total Debt | 198.77 M | 5.32 B |
| Debt To Equity | 4.55 % | 48.70 % |
| Current Ratio | 0.60 X | 2.16 X |
| Book Value Per Share | 0.85 X | 1.93 K |
| Cash Flow From Operations | 33.33 M | 971.22 M |
| Short Ratio | 41.93 X | 4.00 X |
| Earnings Per Share | (0.47) X | 3.12 X |
| Number Of Employees | 600 | 18.84 K |
| Beta | 0.4 | -0.15 |
| Market Capitalization | 273.63 M | 19.03 B |
| Total Asset | 309.45 M | 29.47 B |
| Retained Earnings | (115.35 M) | 9.33 B |
| Working Capital | (132.02 M) | 1.48 B |
| Net Asset | 309.45 M |
Forafric Global Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Forafric . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Forafric Global Buy or Sell Advice
When is the right time to buy or sell Forafric Global PLC? Buying financial instruments such as Forafric Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Forafric Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Shipping Containers Thematic Idea Now
Shipping Containers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipping Containers theme has 16 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Shipping Containers Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Forafric Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forafric Global. If investors know Forafric will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forafric Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 11.365 | Quarterly Revenue Growth 0.186 | Return On Assets 0.0023 | Return On Equity (0.34) |
The market value of Forafric Global PLC is measured differently than its book value, which is the value of Forafric that is recorded on the company's balance sheet. Investors also form their own opinion of Forafric Global's value that differs from its market value or its book value, called intrinsic value, which is Forafric Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forafric Global's market value can be influenced by many factors that don't directly affect Forafric Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forafric Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forafric Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forafric Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.