What’s AgroFresh Solutions Inc (AGFS) Downside After Today’s Significant Decline?

August 11, 2017 - By Richard Conner

The stock of AgroFresh Solutions Inc (NASDAQ:AGFS) is a huge mover today! About 188,695 shares traded. AgroFresh Solutions Inc (NASDAQ:AGFS) has risen 55.33% since August 11, 2016 and is uptrending. It has outperformed by 38.63% the S&P500.
The move comes after 6 months negative chart setup for the $368.06M company. It was reported on Aug, 11 by Barchart.com. We have $6.95 PT which if reached, will make NASDAQ:AGFS worth $18.40 million less.

More notable recent AgroFresh Solutions Inc (NASDAQ:AGFS) news were published by: Seekingalpha.com which released: “AgroFresh Solutions’ (AGFS) CEO Jordi Ferre on Q1 2017 Results – Earnings Call …” on May 13, 2017, also Prnewswire.com with their article: “AgroFresh Announces CFO Change; Names Katherine Harper as New CFO” published on September 27, 2016, Seekingalpha.com published: “AgroFresh Solutions’ (AGFS) CEO Jordi Ferre On Q4 2016 Results – Earnings Call …” on March 09, 2017. More interesting news about AgroFresh Solutions Inc (NASDAQ:AGFS) were released by: Fool.com and their article: “AgroFresh Solutions first-quarter earnings: The raw numbers” published on May 12, 2017 as well as Businesswire.com‘s news article titled: “AgroFresh Solutions Reports Results for Second Quarter and First Half of 2017” with publication date: August 09, 2017.

AgroFresh Solutions, Inc., formerly Boulevard Acquisition Corp., is a developer of agricultural technologies that preserve the freshness and value of fresh produce, including apples, pears, kiwifruit, avocados and bananas, as well as flowers. The company has market cap of $368.06 million. The Company’s principal product, The SmartFresh Quality System , regulates the post-harvest ripening effects of ethylene, the naturally occurring plant hormone that triggers ripening in certain fruits and vegetables, through technology. It currently has negative earnings. SmartFresh is naturally biodegradable and leaves no detectable residue, which has significant consumer appeal.

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