Forafric Global (NASDAQ:AFRI) Shares Gap Up to $10.27

Forafric Global PLC (NASDAQ:AFRI)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $10.27, but opened at $10.50. Forafric Global shares last traded at $10.50, with a volume of 845 shares changing hands.

Forafric Global Stock Up 1.1 %

The company has a 50 day moving average price of $10.40 and a 200-day moving average price of $10.73.

Institutional Trading of Forafric Global

Several institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC boosted its holdings in Forafric Global by 12.4% in the first quarter. Geode Capital Management LLC now owns 12,774 shares of the company’s stock valued at $142,000 after acquiring an additional 1,410 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Forafric Global by 7.2% in the fourth quarter. Vanguard Group Inc. now owns 23,833 shares of the company’s stock valued at $252,000 after acquiring an additional 1,602 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in Forafric Global in the second quarter valued at approximately $49,000. Barclays PLC bought a new stake in Forafric Global in the second quarter valued at approximately $49,000. Finally, Northern Trust Corp boosted its holdings in Forafric Global by 36.3% in the fourth quarter. Northern Trust Corp now owns 43,198 shares of the company’s stock valued at $457,000 after acquiring an additional 11,494 shares during the last quarter. 5.49% of the stock is currently owned by institutional investors.

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 offers flour and semolina; and secondary processing products, such as pasta and couscous under the Tria and MayMouna brands.