RYTHM (NASDAQ:RYM) Downgraded by Wall Street Zen to Sell

RYTHM (NASDAQ:RYM) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of RYTHM in a research report on Monday, December 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

RYTHM Trading Down 8.9%

Shares of NASDAQ RYM opened at $15.80 on Friday. RYTHM has a 1-year low of $13.22 and a 1-year high of $53.65. The business has a 50-day moving average of $21.20. The company has a market capitalization of $33.97 million, a P/E ratio of -1.48 and a beta of 9.88. The company has a debt-to-equity ratio of 6.82, a quick ratio of 1.78 and a current ratio of 1.99.

RYTHM (NASDAQ:RYM) last issued its quarterly earnings results on Friday, November 7th. The company reported ($5.31) earnings per share for the quarter. RYTHM had a negative net margin of 269.95% and a negative return on equity of 146.47%. The company had revenue of $4.04 million during the quarter.

RYTHM Company Profile

Agrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. The company offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products. It also provides associated services comprising consulting, engineering, and construction.