RYTHM (NASDAQ:RYM) Cut to “Sell” at Wall Street Zen

Wall Street Zen downgraded shares of RYTHM (NASDAQ:RYM) from a hold rating to a sell rating in a research report report published on Saturday.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of RYTHM in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, RYTHM presently has a consensus rating of “Sell”.

RYTHM Price Performance

NASDAQ RYM opened at $14.93 on Friday. The company has a market cap of $32.10 million, a PE ratio of -1.40 and a beta of 9.87. RYTHM has a 1-year low of $13.22 and a 1-year high of $53.65. The company has a debt-to-equity ratio of 6.82, a current ratio of 1.99 and a quick ratio of 1.78. The company’s fifty day moving average price is $21.10.

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

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.