Forafric Global PLC (NASDAQ:AFRI – Get Rating) shot up 2.3% during trading on Monday . The stock traded as high as $11.15 and last traded at $11.10. 4,274 shares traded hands during trading, a decline of 76% from the average session volume of 17,746 shares. The stock had previously closed at $10.85.
Forafric Global Stock Performance
The stock has a 50 day moving average price of $11.18 and a two-hundred day moving average price of $11.20.
Get Forafric Global alerts:Institutional Investors Weigh In On Forafric Global
Several institutional investors and hedge funds have recently made changes to their positions in the company. Clear Street LLC bought a new position in shares of Forafric Global during the 3rd quarter valued at about $1,036,000. Barclays PLC bought a new position in shares of Forafric Global in the third quarter worth $412,000. Citadel Advisors LLC bought a new position in Forafric Global in the third quarter valued at approximately $298,000. Finally, UBS Group AG boosted its position in Forafric Global by 1,543.9% in the third quarter. UBS Group AG now owns 19,710 shares of the company's stock valued at $222,000 after buying an additional 18,511 shares in the last quarter. Institutional investors and hedge funds own 1.59% of the company's stock.
About Forafric Global
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Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco and Sub-Saharan Africa. The company offers flour and semolina; and secondary processing products, such as pasta and couscous under the Tria and MayMouna brands.
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