JPMorgan Chase & Co. Has $207,000 Stake in Forafric Global PLC (NASDAQ:AFRI)

JPMorgan Chase & Co. lifted its stake in Forafric Global PLC (NASDAQ:AFRI) by 121.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 20,185 shares of the company’s stock after buying an additional 11,090 shares during the quarter. JPMorgan Chase & Co.’s holdings in Forafric Global were worth $207,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its holdings in Forafric Global by 26.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,141 shares of the company’s stock worth $155,000 after acquiring an additional 3,204 shares during the last quarter. Barclays PLC raised its position in shares of Forafric Global by 57.1% in the 3rd quarter. Barclays PLC now owns 15,522 shares of the company’s stock valued at $176,000 after acquiring an additional 5,641 shares during the period. Rhumbline Advisers grew its holdings in shares of Forafric Global by 465.1% in the 4th quarter. Rhumbline Advisers now owns 35,001 shares of the company’s stock valued at $359,000 after buying an additional 28,807 shares during the period. State Street Corp raised its position in shares of Forafric Global by 2.0% during the third quarter. State Street Corp now owns 50,236 shares of the company’s stock worth $570,000 after purchasing an additional 1,000 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of Forafric Global by 6.7% in the third quarter. Geode Capital Management LLC now owns 69,758 shares of the company’s stock valued at $791,000 after buying an additional 4,361 shares during the period. Institutional investors and hedge funds own 5.49% of the company’s stock.

Forafric Global Trading Down 0.9 %

NASDAQ:AFRI opened at $7.96 on Friday. The business has a 50 day moving average price of $8.58 and a two-hundred day moving average price of $9.54. The company has a quick ratio of 0.31, a current ratio of 0.42 and a debt-to-equity ratio of 0.74. Forafric Global PLC has a twelve month low of $7.77 and a twelve month high of $12.00.

Forafric Global Company Profile

Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco, Burkina, Mali, Angola, and internationally. The company provides wheat flours and semolina; and secondary processing products, such as pasta and couscous under the TRIA and MayMouna brand names.