AGRZ (NASDAQ:AGRZ) Stock Short Interest Falls 40.7%

AGRZ (NASDAQ:AGRZ) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 20,704 shares, a decline of 40.7% from the September 30th total of 34,898 shares. Approximately 1.9% of the company’s stock are sold short. Based on an average trading volume of 142,348 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AGRZ in a research report on Friday, October 9th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, AGRZ presently has a consensus rating of “Sell”.

AGRZ Stock Down 13.7%

Shares of NASDAQ:AGRZ traded down $0.38 during mid-day trading on Friday, hitting $2.40. 29,808 shares of the company traded hands, compared to its average volume of 87,362. AGRZ has a 12-month low of $2.34 and a 12-month high of $105.68. The stock has a 50-day moving average price of $3.93 and a two-hundred day moving average price of $6.77.

AGRZ (NASDAQ:AGRZ) last announced its quarterly earnings results on Monday, September 28th. The company reported $0.53 earnings per share (EPS) for the quarter. The company had revenue of $5.61 million for the quarter.

AGRZ Company Profile

Agroz Inc is a fully vertically integrated agricultural technology company designing, building, managing and operating indoor Controlled Environment Agriculture vertical farms. Agroz Inc is based in KUALA LUMPUR, Malaysia.