AGRZ’s (NASDAQ:AGRZ) Lock-Up Period To End on March 30th

AGRZ’s (NASDAQ:AGRZ) lock-up period will end on Monday, March 30th. AGRZ had issued 1,250,000 shares in its initial public offering on October 1st. The total size of the offering was $5,000,000 based on an initial share price of $4.00. After the end of AGRZ’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings began coverage on shares of AGRZ in a research report on Wednesday, January 14th. They issued a “sell (e-)” rating for the company. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, AGRZ has a consensus rating of “Sell”.

AGRZ Price Performance

Shares of AGRZ opened at $0.48 on Monday. AGRZ has a fifty-two week low of $0.33 and a fifty-two week high of $7.20. The business has a 50 day simple moving average of $0.45.

AGRZ (NASDAQ:AGRZ) last released its earnings results on Wednesday, December 31st. The company reported $0.01 EPS for the quarter. The business had revenue of $3.40 million for the quarter.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of AGRZ. Jane Street Group LLC bought a new stake in shares of AGRZ in the 4th quarter valued at about $67,000. HRT Financial LP bought a new position in AGRZ during the 4th quarter worth approximately $33,000. Finally, XTX Topco Ltd purchased a new position in AGRZ in the 4th quarter worth approximately $28,000.

AGRZ Company Profile

Agroz Inc is a fully vertically integrated agricultural technology company designing, building, managing and operating indoor Controlled Environment Agriculture vertical farms. Agroz Inc is based in KUALA LUMPUR, Malaysia.