(AFRI) Forafric Global Ordinary - Ratings and Ratios

Forafric Global PLC is a Gibraltar-based agricultural commodities company with operations spanning Morocco, Burkina, Mali, Angola, and international markets. Established in 1926, the company specializes in the procurement, storage, transport, processing, and distribution of agricultural products. Its primary offerings include wheat flours and semolina, alongside secondary processed goods such as pasta and couscous, marketed under the TRIA and MayMouna brands. These products cater to wholesale food manufacturers and distributors, with a significant export presence across approximately 45 countries. The companys strategic location in Gibraltar facilitates efficient global trade operations.

From a technical perspective, Forafric Global PLCs stock (NASDAQ:AFRI) has shown recent price movements below key moving averages, with the last price of $9.05 sitting below the SMA 20 ($9.49), SMA 50 ($9.79), and SMA 200 ($10.57). This indicates potential bearish momentum. The Average True Range (ATR) of 0.24 suggests relatively low volatility, with average daily price fluctuations remaining modest.

Fundamentally, the companys market capitalization stands at $256.70M USD, with a price-to-book (P/B) ratio of 27.76, indicating a high valuation relative to book value. The negative return on equity (RoE) of -55.61% reflects current profitability challenges. The price-to-sales (P/S) ratio of 0.79 suggests reasonable valuation relative to revenues, though the lack of forward P/E indicates uncertainty in earnings estimates.