News coverage about AgroFresh Solutions (NASDAQ:AGFS) has trended somewhat positive recently, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AgroFresh Solutions earned a news impact score of 0.09 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 47.0720071592933 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
AgroFresh Solutions (AGFS) traded down $0.12 on Friday, hitting $5.32. 92,282 shares of the stock were exchanged, compared to its average volume of 118,656. AgroFresh Solutions has a one year low of $2.21 and a one year high of $9.05. The company has a current ratio of 2.51, a quick ratio of 2.28 and a debt-to-equity ratio of 1.05. The firm has a market cap of $267.79, a P/E ratio of 532.00 and a beta of 0.88.
AGFS has been the topic of a number of research analyst reports. BidaskClub downgraded shares of AgroFresh Solutions from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 31st. Citigroup Inc. restated a “neutral” rating and issued a $8.00 price target (down from $9.00) on shares of AgroFresh Solutions in a research note on Monday, August 14th.
In other AgroFresh Solutions news, major shareholder Chemical Co /De/ Dow acquired 18,077 shares of the company’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was acquired at an average price of $6.99 per share, for a total transaction of $126,358.23. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last quarter, insiders purchased 39,757 shares of company stock valued at $277,923. 15.20% of the stock is owned by company insiders.
AgroFresh Solutions Company Profile
AgroFresh Solutions, Inc, formerly Boulevard Acquisition Corp., is a developer of agricultural technologies that preserve the freshness and value of fresh produce, including apples, pears, kiwifruit, avocados and bananas, as well as flowers. The Company’s principal product, The SmartFresh Quality System (SmartFresh), regulates the post-harvest ripening effects of ethylene, the naturally occurring plant hormone that triggers ripening in certain fruits and vegetables, through technology.
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