Agrify Corp Reports Q3 2024 Earnings Revenue at 1.93 Million, Net Loss Per Share at 17.31
AGFY Stock | USD 56.75 2.20 4.03% |
Slightly above 56% of all Agrify Corp's investors are looking to take a long position. The analysis of the overall investor sentiment regarding Agrify Corp suggests that some traders are interested. Agrify Corp's investing sentiment can be driven by a variety of factors including economic data, Agrify Corp's earnings reports, geopolitical events, and overall market trends.
Agrify |
Revenue 1.93 million for Q3 2024, a decrease from 3.14 million in Q3 2023.Gross Profit 225,000, down from 974,000 in the same quarter last year.Net Loss
Read at gurufocus.com
Agrify Corp Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Agrify Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Agrify Corp Fundamental Analysis
We analyze Agrify Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Agrify Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Agrify Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Outstanding
Shares Outstanding Comparative Analysis
Agrify Corp is currently under evaluation in shares outstanding category among its peers. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Agrify Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Agrify Corp stock to make a market-neutral strategy. Peer analysis of Agrify Corp could also be used in its relative valuation, which is a method of valuing Agrify Corp by comparing valuation metrics with similar companies.
Peers
Agrify Corp Related Equities
ENG | ENGlobal | 3.08 | ||||
SLND | Southland Holdings | 2.18 | ||||
FIX | Comfort Systems | 1.36 | ||||
WLDN | Willdan | 1.23 | ||||
GLDD | Great Lakes | 0.88 | ||||
GVA | Granite Construction | 0.69 | ||||
APG | Api Group | 0.61 | ||||
ROAD | Construction Partners | 0.46 | ||||
BLD | Topbuild Corp | 0.16 | ||||
MYRG | MYR | 0.08 | ||||
TPC | Tutor Perini | 0.26 | ||||
MTRX | Matrix Service | 0.30 | ||||
KBR | KBR | 0.57 | ||||
ORN | Orion Group | 0.57 |
Additional Tools for Agrify Stock Analysis
When running Agrify Corp's price analysis, check to measure Agrify Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Agrify Corp is operating at the current time. Most of Agrify Corp's value examination focuses on studying past and present price action to predict the probability of Agrify Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agrify Corp's price. Additionally, you may evaluate how the addition of Agrify Corp to your portfolios can decrease your overall portfolio volatility.