RYTHM (NASDAQ:RYM) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of RYTHM (NASDAQ:RYM) from a sell rating to a hold rating in a report released on Saturday morning.

Separately, Weiss Ratings reaffirmed 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, the company has an average rating of “Sell”.

RYTHM Trading Down 3.3%

RYM opened at $19.57 on Friday. RYTHM has a 1-year low of $13.22 and a 1-year high of $53.65. 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 quick ratio of 1.78, a current ratio of 1.99 and a debt-to-equity ratio of 6.82. The company has a 50-day moving average of $21.58.

RYTHM (NASDAQ:RYM) last posted 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 during the quarter. RYTHM had a negative net margin of 269.95% and a negative return on equity of 146.47%.

About RYTHM

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.