AgroFresh Solutions Inc. (AGFS) had a rough trading day for Friday October 04 as shares tumbled 14.35%, or a loss of $-0.34 per share, to close at $2.03. After opening the day at $2.38, shares of AgroFresh Solutions Inc. traded as high as $2.38 and as low as $2.02. Volume was 183,860 shares over 1,139 trades, against an average daily volume of n/a shares and a total float of 51.44 million.
As a result of the decline, AgroFresh Solutions Inc. now has a market cap of $104.43 million. In the last year, shares of AgroFresh Solutions Inc. have traded between a range of $6.57 and $1.33, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
AgroFresh Solutions Inc creates agricultural technologies that preserve the quality and value of fresh produce and flowers. One such product is SmartFresh, which blocks the effects of ethylene and delays ripening while leaving no visible residue. Other technologies at AgroFresh include additional ethylene blocking tools for pre-harvest fruits, bananas, and flowers and a plant growth regulator to use when transplanting seedlings. Geographically, the company operates in North America, South America, EMEA, and Asia-Pacific. The majority of sales are recognized in the North America region.
AgroFresh Solutions Inc. is based out of Philadelphia, PA and has some 285 employees. Its CEO is Jordi Ferre.
AgroFresh Solutions Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
