Charles Schwab Investment Management Inc. Grows Stake in Forafric Global PLC (NASDAQ:AFRI)

Charles Schwab Investment Management Inc. increased its position in shares of Forafric Global PLC (NASDAQ:AFRI) by 26.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 15,141 shares of the company’s stock after purchasing an additional 3,204 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.06% of Forafric Global worth $155,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of AFRI. State Street Corp raised its stake in shares of Forafric Global by 2.0% during the 3rd quarter. State Street Corp now owns 50,236 shares of the company’s stock worth $570,000 after buying an additional 1,000 shares during the last quarter. Geode Capital Management LLC increased its holdings in Forafric Global by 6.7% during the 3rd quarter. Geode Capital Management LLC now owns 69,758 shares of the company’s stock valued at $791,000 after acquiring an additional 4,361 shares in the last quarter. Barclays PLC raised its position in Forafric Global by 57.1% during the third quarter. Barclays PLC now owns 15,522 shares of the company’s stock worth $176,000 after acquiring an additional 5,641 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Forafric Global by 210.6% in the third quarter. JPMorgan Chase & Co. now owns 9,095 shares of the company’s stock valued at $103,000 after purchasing an additional 6,167 shares in the last quarter. Finally, Rhumbline Advisers lifted its holdings in shares of Forafric Global by 465.1% in the fourth quarter. Rhumbline Advisers now owns 35,001 shares of the company’s stock valued at $359,000 after purchasing an additional 28,807 shares in the last quarter. 5.49% of the stock is currently owned by hedge funds and other institutional investors.

Forafric Global Stock Up 0.8 %

Shares of AFRI opened at $8.67 on Wednesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.42 and a quick ratio of 0.31. Forafric Global PLC has a 1-year low of $8.10 and a 1-year high of $12.00. The firm has a 50 day simple moving average of $9.15 and a 200-day simple moving average of $9.97.

Forafric Global Company Profile

Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco, Burkina, Mali, Angola, and internationally. The company provides wheat flours and semolina; and secondary processing products, such as pasta and couscous under the TRIA and MayMouna brand names.