How to Buy Agrify Stock
Agrify Corp
Agrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States.
Agrify stock last closed at $0.29, down 1.7% from the previous day, and has decreased 93.69% in one year. It has underperformed other stocks in the Engineering & Construction industry by 1.54 percentage points. Agrify stock is currently +15.6% from its 52-week low of $0.25, and -94.2% from its 52-week high of $4.98.
As of Apr 26, 2024, there are 13.73M AGFY shares outstanding. The market value of AGFY is $3.97M. In the last 24 hours, 209,137 AGFY shares were traded.
How to Buy Agrify Stock
Wondering how to invest in Agrify stock? Here's how.
- Figure out where to buy Agrify stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Agrify stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your method of payment and add your details.
- Analyze Agrify stock: The Agrify ticker symbol is AGFY. Is Agrify stock a good investment? Should you buy shares of AGFY? How do AGFY's underlying business fundamentals look? Do top analysts think Agrify is a good buy? Why has AGFY's stock price moved recently? (Hint: Our stock market research tools can help you figure out if AGFY is a good stock to buy).
- Place your AGFY purchase: Decide if you will purchase AGFY shares at the current market price or use a limit order to purchase AGFY stock at a given price.
- Get the latest news on your AGFY position: Create a watchlist to important updates regarding your position in Agrify shares.
Step 1: Figure out where to buy Agrify stock
You will need a brokerage account to access the NASDAQ market and buy AGFY stock.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global markets: From Tech to Industrials, New York to London — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal details so you can invest in AGFY today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open a new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've created your account on a investment app, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help transferring money into your investment account.
Step 4: Analyze Agrify stock
After you have figured out the best place to buy Agrify stock, it's absolutely critical to research their stock before you invest, so you actually comprehend the risk as well as the upside.
Agrify shares data
Agrify Zen Score
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on AGFY's stock page.
Is AGFY stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge AGFY's true value.
You can access additional valuation research on AGFY's stock here.
A look at AGFY Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the AGFY balance sheet.
Failed Financial Due Diligence Checks:
- AGFY has $434.00k in cash and short term investments. This is not sufficient to cover its annual cash burn of $30.72M.
- AGFY profit margin has gone up by 2.12 percentage points in the past year, but the company is still unprofitable.
- Total AGFY debt is still negative.
- AGFY has cash burn of 30722000. It does not have sufficient cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the AGFY balance sheet.
- AGFY debt to equity ratio of -4.02 is negative.
AGFY Trading Indicators
AGFY Performance Metrics
Last year, AGFY revenue was $16.87M. During the last five year, AGFY's revenue has grown by 56.99% per year. This was faster than the Engineering & Construction industry average of 10.59%.
Dive into AGFY's earnings and revenue performance here.
What are AGFY executives and large shareholders up to?
In the past year, insiders at AGFY have bought more shares than they have sold.
Raymond Nobu Chang, CEO and Chairman of AGFY, was the latest AGFY insider to buy. They bought $699,999.52 worth of AGFY shares on Feb 28, 2024.
Get more info about who owns AGFY stock here.
Does AGFY stock generate passive income?
No, Agrify doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your AGFY purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you need more help investing in stocks on eToro, click the how to video below:
Step 6: Get the latest news on your AGFY position
Now that you own some AGFY stock, you'll want to stay up-to-date on your new shares.
Add AGFY to a watchlist to track your AGFY stock.
AGFY Feed
How to Buy Stock in Agrify
To summarize, here are the 6 steps for buying Agrify stock:
- Figure out where to buy Agrify stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Analyze Agrify stock
- Place your AGFY purchase
- Get the latest news on your AGFY position
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Agrify, click below.
Related "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.