RYTHM (NASDAQ:RYM) Stock Rating Upgraded by Wall Street Zen

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

Separately, Weiss Ratings reiterated 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, According to MarketBeat.com, the stock has an average rating of “Sell”.

RYTHM Trading Down 3.3%

Shares of NASDAQ RYM opened at $19.57 on Friday. The company’s 50 day simple moving average is $21.81. The firm has a market cap of $42.08 million, a PE ratio of -1.84 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 has a 12 month low of $13.22 and a 12 month high of $53.65.

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

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.