Agrofresh Solutions Inc (NASDAQ:AGFS)’s Stock Is Buy After Less Market Selling

June 17, 2018 - By reb123z

AgroFresh Solutions, Inc. (NASDAQ:AGFS) Logo

The stock of Agrofresh Solutions Inc (NASDAQ:AGFS) registered a decrease of 7.33% in short interest. AGFS’s total short interest was 1.19M shares in June as published by FINRA. Its down 7.33% from 1.28M shares, reported previously. With 153,000 shares average volume, it will take short sellers 8 days to cover their AGFS’s short positions. The short interest to Agrofresh Solutions Inc’s float is 4.42%.

It closed at $7.51 lastly. It is up 0.71% since June 17, 2017 and is uptrending. It has underperformed by 11.86% the S&P500.

AgroFresh Solutions, Inc. provides data-driven specialty solutions worldwide. The company has market cap of $378.73 million. The firm uses 1-Methylcyclopropene technology, an ethylene action inhibitor to maintain freshness and extend the shelf life of various fresh produce. It has a 16.69 P/E ratio. The Company’s solutions enable growers and packers of fresh produce to preserve and enhance the freshness, quality, and value of fresh produce, including apples, pears, kiwifruit, avocados, and bananas, as well as flowers.

More recent AgroFresh Solutions, Inc. (NASDAQ:AGFS) news were published by: Businesswire.com which released: “AgroFresh Solutions to Present at the Citi Small & Mid-Cap Conference on June 6, 2018” on June 04, 2018. Also Globenewswire.com published the news titled: “New Research Coverage Highlights Constellation Brands, Yintech Investment, EZCORP, Euronet Worldwide, Fidelity …” on May 31, 2018. Equitiesfocus.com‘s news article titled: “AgroFresh Solutions (NASDAQ:AGFS) Upgraded to “Hold” at BidaskClub” with publication date: June 17, 2018 was also an interesting one.

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