AgroFresh Solutions (NASDAQ:AGFS) Earning Somewhat Favorable Media Coverage, Report Finds

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Media headlines about AgroFresh Solutions (NASDAQ:AGFS) have been trending somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AgroFresh Solutions earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news articles about the basic materials company an impact score of 43.2068536833509 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the headlines that may have impacted Accern’s rankings:

Separately, BidaskClub raised AgroFresh Solutions from a “hold” rating to a “buy” rating in a research note on Monday, June 18th.

Shares of AgroFresh Solutions traded up $0.01, hitting $7.01, during trading hours on Friday, Marketbeat Ratings reports. 352,848 shares of the company’s stock traded hands, compared to its average volume of 153,300. AgroFresh Solutions has a 12-month low of $4.94 and a 12-month high of $9.05. The company has a quick ratio of 2.19, a current ratio of 2.50 and a debt-to-equity ratio of 0.98.

AgroFresh Solutions (NASDAQ:AGFS) last issued its quarterly earnings results on Thursday, May 10th. The basic materials company reported ($0.26) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.05) by ($0.21). AgroFresh Solutions had a net margin of 13.28% and a negative return on equity of 0.37%. The business had revenue of $38.35 million for the quarter.

In related news, Director George Lobisser sold 20,000 shares of the stock in a transaction that occurred on Thursday, June 14th. The stock was sold at an average price of $7.50, for a total transaction of $150,000.00. Following the completion of the transaction, the director now directly owns 12,198 shares of the company’s stock, valued at $91,485. The sale was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Dowdupont Inc. acquired 61,008 shares of the stock in a transaction dated Friday, April 27th. The stock was bought at an average cost of $6.94 per share, with a total value of $423,395.52. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 207,754 shares of company stock worth $1,447,442. Corporate insiders own 15.20% of the company’s stock.

AgroFresh Solutions Company Profile

AgroFresh Solutions, Inc provides data-driven specialty solutions worldwide. The company uses 1-Methylcyclopropene technology, an ethylene action inhibitor to maintain freshness and extend the shelf life of various fresh produce. Its solutions enable growers and packers of fresh produce to preserve and enhance the freshness, quality, and value of fresh produce, including apples, pears, kiwifruit, avocados, and bananas, as well as flowers.

Insider Buying and Selling by Quarter for AgroFresh Solutions (NASDAQ:AGFS)

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