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Forafric Global PLC Ordinary Shares
Buy, Hold or Sell?

Let's analyze Forafric together

I guess you are interested in Forafric Global PLC Ordinary Shares. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Forafric Global PLC Ordinary Shares. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Forafric (30 sec.)










1.2. What can you expect buying and holding a share of Forafric? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
$1.09
Expected worth in 1 year
$-1.26
How sure are you?
20.0%

+ What do you gain per year?

Total Gains per Share
$-2.34
Return On Investment
-23.1%

For what price can you sell your share?

Current Price per Share
$10.13
Expected price per share
$9.35 - $10.07
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Forafric (5 min.)




Live pricePrice per Share (EOD)
$10.13
Intrinsic Value Per Share
$10.03 - $12.51
Total Value Per Share
$11.11 - $13.60

2.2. Growth of Forafric (5 min.)




Is Forafric growing?

Current yearPrevious yearGrowGrow %
How rich?$29.2m$44.9m-$15.7m-53.9%

How much money is Forafric making?

Current yearPrevious yearGrowGrow %
Making money-$12.6m-$19.1m$6.4m51.2%
Net Profit Margin-4.1%-6.6%--

How much money comes from the company's main activities?

2.3. Financial Health of Forafric (5 min.)




2.4. Comparing to competitors in the Farm Products industry (5 min.)




  Industry Rankings (Farm Products)  


Richest
#178 / 240

Most Revenue
#55 / 240

Most Profit
#218 / 240

Most Efficient
#168 / 240
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Forafric?

Welcome investor! Forafric's management wants to use your money to grow the business. In return you get a share of Forafric.

First you should know what it really means to hold a share of Forafric. And how you can make/lose money.

Speculation

The Price per Share of Forafric is $10.13. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Forafric.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Forafric, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $1.09. Based on the TTM, the Book Value Change Per Share is $-0.59 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.10 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Forafric.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.47-4.7%-0.47-4.7%-0.71-7.0%-0.36-3.5%-0.36-3.5%
Usd Book Value Change Per Share-0.59-5.8%-0.59-5.8%-0.10-1.0%0.222.1%0.222.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.59-5.8%-0.59-5.8%-0.10-1.0%0.222.1%0.222.1%
Usd Price Per Share10.59-10.59-11.10-6.36-6.36-
Price to Earnings Ratio-22.46--22.46--15.56--14.42--14.42-
Price-to-Total Gains Ratio-18.07--18.07--110.63--63.78--63.78-
Price to Book Ratio9.75-9.75-6.64-4.42-4.42-
Price-to-Total Gains Ratio-18.07--18.07--110.63--63.78--63.78-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share10.13
Number of shares98
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.590.22
Usd Total Gains Per Share-0.590.22
Gains per Quarter (98 shares)-57.4221.30
Gains per Year (98 shares)-229.6885.19
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-230-24008575
20-459-4700170160
30-689-7000256245
40-919-9300341330
50-1148-11600426415
60-1378-13900511500
70-1608-16200596585
80-1837-18500681670
90-2067-20800767755
100-2297-23100852840

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.05.00.00.0%0.05.00.00.0%
Book Value Change Per Share0.01.00.00.0%0.03.00.00.0%1.04.00.020.0%1.04.00.020.0%1.04.00.020.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.05.00.0%0.00.05.00.0%
Total Gains per Share0.01.00.00.0%0.03.00.00.0%1.04.00.020.0%1.04.00.020.0%1.04.00.020.0%
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3.2. Key Performance Indicators

The key performance indicators of Forafric Global PLC Ordinary Shares compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.586-0.5860%-0.100-83%0.217-370%0.217-370%
Book Value Per Share--1.0871.0870%1.672-35%0.742+46%0.742+46%
Current Ratio--0.4790.4790%0.603-21%0.546-12%0.546-12%
Debt To Asset Ratio--0.9060.9060%0.854+6%0.946-4%0.946-4%
Debt To Equity Ratio--12.29412.2940%6.891+78%5.810+112%5.810+112%
Dividend Per Share----0%-0%-0%-0%
Eps---0.472-0.4720%-0.713+51%-0.357-24%-0.357-24%
Free Cash Flow Per Share--0.8740.8740%-2.320+366%-0.639+173%-0.639+173%
Free Cash Flow To Equity Per Share--0.0850.0850%0.470-82%-0.063+174%-0.063+174%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--12.513--------
Intrinsic Value_10Y_min--10.028--------
Intrinsic Value_1Y_max---0.415--------
Intrinsic Value_1Y_min---0.404--------
Intrinsic Value_3Y_max--0.024--------
Intrinsic Value_3Y_min--0.000--------
Intrinsic Value_5Y_max--1.997--------
Intrinsic Value_5Y_min--1.730--------
Market Cap272286296.000-5%284650728.000284650728.0000%298359120.000-5%171005470.400+66%171005470.400+66%
Net Profit Margin---0.041-0.0410%-0.066+59%-0.036-12%-0.036-12%
Operating Margin--0.0050.0050%-0.030+755%0.011-59%0.011-59%
Operating Ratio--0.9960.9960%1.005-1%0.983+1%0.983+1%
Pb Ratio9.323-5%9.7469.7460%6.637+47%4.418+121%4.418+121%
Pe Ratio-21.480+4%-22.456-22.4560%-15.564-31%-14.420-36%-14.420-36%
Price Per Share10.130-5%10.59010.5900%11.100-5%6.362+66%6.362+66%
Price To Free Cash Flow Ratio11.597-5%12.12412.1240%-4.784+139%-0.258+102%-0.258+102%
Price To Total Gains Ratio-17.289+4%-18.074-18.0740%-110.626+512%-63.783+253%-63.783+253%
Quick Ratio--0.3110.3110%0.422-26%0.344-10%0.344-10%
Return On Assets---0.041-0.0410%-0.062+52%-0.034-18%-0.034-18%
Return On Equity---0.556-0.5560%-0.504-9%-0.251-55%-0.251-55%
Total Gains Per Share---0.586-0.5860%-0.100-83%0.217-370%0.217-370%
Usd Book Value--29206000.00029206000.0000%44955000.000-35%19944800.000+46%19944800.000+46%
Usd Book Value Change Per Share---0.586-0.5860%-0.100-83%0.217-370%0.217-370%
Usd Book Value Per Share--1.0871.0870%1.672-35%0.742+46%0.742+46%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.472-0.4720%-0.713+51%-0.357-24%-0.357-24%
Usd Free Cash Flow--23479000.00023479000.0000%-62364000.000+366%-17176600.000+173%-17176600.000+173%
Usd Free Cash Flow Per Share--0.8740.8740%-2.320+366%-0.639+173%-0.639+173%
Usd Free Cash Flow To Equity Per Share--0.0850.0850%0.470-82%-0.063+174%-0.063+174%
Usd Market Cap272286296.000-5%284650728.000284650728.0000%298359120.000-5%171005470.400+66%171005470.400+66%
Usd Price Per Share10.130-5%10.59010.5900%11.100-5%6.362+66%6.362+66%
Usd Profit---12676000.000-12676000.0000%-19170000.000+51%-9573600.000-24%-9573600.000-24%
Usd Revenue--305476000.000305476000.0000%289772000.000+5%247346400.000+24%247346400.000+24%
Usd Total Gains Per Share---0.586-0.5860%-0.100-83%0.217-370%0.217-370%
 EOD+4 -4MRQTTM+0 -0YOY+14 -195Y+15 -1810Y+15 -18

3.3 Fundamental Score

Let's check the fundamental score of Forafric Global PLC Ordinary Shares based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-21.480
Price to Book Ratio (EOD)Between0-19.323
Net Profit Margin (MRQ)Greater than0-0.041
Operating Margin (MRQ)Greater than00.005
Quick Ratio (MRQ)Greater than10.311
Current Ratio (MRQ)Greater than10.479
Debt to Asset Ratio (MRQ)Less than10.906
Debt to Equity Ratio (MRQ)Less than112.294
Return on Equity (MRQ)Greater than0.15-0.556
Return on Assets (MRQ)Greater than0.05-0.041
Total2/10 (20.0%)

3.4 Technical Score

Let's check the technical score of Forafric Global PLC Ordinary Shares based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose10.340
Total1/1 (100.0%)

4. In-depth Analysis

4.1 About Forafric Global PLC Ordinary Shares

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. It serves wholesale foods manufacturers and distributors. The company also exports its products to approximately 45 countries. Forafric Global PLC was founded in 1926 and is headquartered in Gibraltar.

Fundamental data was last updated by Penke on 2024-11-22 07:38:04.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating inefficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Forafric earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Forafric to the Farm Products industry mean.
  • A Net Profit Margin of -4.1% means that $-0.04 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Forafric Global PLC Ordinary Shares:

  • The MRQ is -4.1%. The company is making a loss. -1
  • The TTM is -4.1%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-4.1%TTM-4.1%0.0%
TTM-4.1%YOY-6.6%+2.5%
TTM-4.1%5Y-3.6%-0.5%
5Y-3.6%10Y-3.6%0.0%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.1%1.9%-6.0%
TTM-4.1%1.6%-5.7%
YOY-6.6%2.5%-9.1%
5Y-3.6%2.3%-5.9%
10Y-3.6%2.2%-5.8%
4.3.1.2. Return on Assets

Shows how efficient Forafric is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Forafric to the Farm Products industry mean.
  • -4.1% Return on Assets means that Forafric generated $-0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Forafric Global PLC Ordinary Shares:

  • The MRQ is -4.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -4.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-4.1%TTM-4.1%0.0%
TTM-4.1%YOY-6.2%+2.1%
TTM-4.1%5Y-3.4%-0.7%
5Y-3.4%10Y-3.4%0.0%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.1%0.6%-4.7%
TTM-4.1%0.5%-4.6%
YOY-6.2%0.9%-7.1%
5Y-3.4%0.9%-4.3%
10Y-3.4%0.8%-4.2%
4.3.1.3. Return on Equity

Shows how efficient Forafric is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Forafric to the Farm Products industry mean.
  • -55.6% Return on Equity means Forafric generated $-0.56 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Forafric Global PLC Ordinary Shares:

  • The MRQ is -55.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -55.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-55.6%TTM-55.6%0.0%
TTM-55.6%YOY-50.4%-5.2%
TTM-55.6%5Y-25.1%-30.5%
5Y-25.1%10Y-25.1%0.0%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-55.6%1.5%-57.1%
TTM-55.6%1.1%-56.7%
YOY-50.4%1.8%-52.2%
5Y-25.1%1.5%-26.6%
10Y-25.1%1.7%-26.8%
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4.3.2. Operating Efficiency of Forafric Global PLC Ordinary Shares.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Forafric is operating .

  • Measures how much profit Forafric makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Forafric to the Farm Products industry mean.
  • An Operating Margin of 0.5% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Forafric Global PLC Ordinary Shares:

  • The MRQ is 0.5%. The company is operating inefficient. -1
  • The TTM is 0.5%. The company is operating inefficient. -1
Trends
Current periodCompared to+/- 
MRQ0.5%TTM0.5%0.0%
TTM0.5%YOY-3.0%+3.5%
TTM0.5%5Y1.1%-0.7%
5Y1.1%10Y1.1%0.0%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5%3.7%-3.2%
TTM0.5%3.1%-2.6%
YOY-3.0%3.8%-6.8%
5Y1.1%3.6%-2.5%
10Y1.1%3.5%-2.4%
4.3.2.2. Operating Ratio

Measures how efficient Forafric is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Farm Products industry mean).
  • An Operation Ratio of 1.00 means that the operating costs are $1.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Forafric Global PLC Ordinary Shares:

  • The MRQ is 0.996. The company is less efficient in keeping operating costs low.
  • The TTM is 0.996. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.996TTM0.9960.000
TTM0.996YOY1.005-0.009
TTM0.9965Y0.983+0.013
5Y0.98310Y0.9830.000
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9961.505-0.509
TTM0.9961.361-0.365
YOY1.0051.149-0.144
5Y0.9831.180-0.197
10Y0.9831.122-0.139
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4.4.3. Liquidity of Forafric Global PLC Ordinary Shares.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Forafric is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Farm Products industry mean).
  • A Current Ratio of 0.48 means the company has $0.48 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Forafric Global PLC Ordinary Shares:

  • The MRQ is 0.479. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.479. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.479TTM0.4790.000
TTM0.479YOY0.603-0.124
TTM0.4795Y0.546-0.067
5Y0.54610Y0.5460.000
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4791.526-1.047
TTM0.4791.591-1.112
YOY0.6031.638-1.035
5Y0.5461.710-1.164
10Y0.5461.602-1.056
4.4.3.2. Quick Ratio

Measures if Forafric is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Forafric to the Farm Products industry mean.
  • A Quick Ratio of 0.31 means the company can pay off $0.31 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Forafric Global PLC Ordinary Shares:

  • The MRQ is 0.311. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.311. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.311TTM0.3110.000
TTM0.311YOY0.422-0.111
TTM0.3115Y0.344-0.033
5Y0.34410Y0.3440.000
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3110.415-0.104
TTM0.3110.451-0.140
YOY0.4220.562-0.140
5Y0.3440.628-0.284
10Y0.3440.649-0.305
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4.5.4. Solvency of Forafric Global PLC Ordinary Shares.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Forafric assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Forafric to Farm Products industry mean.
  • A Debt to Asset Ratio of 0.91 means that Forafric assets are financed with 90.6% credit (debt) and the remaining percentage (100% - 90.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Forafric Global PLC Ordinary Shares:

  • The MRQ is 0.906. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.906. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.906TTM0.9060.000
TTM0.906YOY0.854+0.052
TTM0.9065Y0.946-0.040
5Y0.94610Y0.9460.000
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9060.483+0.423
TTM0.9060.488+0.418
YOY0.8540.488+0.366
5Y0.9460.486+0.460
10Y0.9460.483+0.463
4.5.4.2. Debt to Equity Ratio

Measures if Forafric is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Forafric to the Farm Products industry mean.
  • A Debt to Equity ratio of 1,229.4% means that company has $12.29 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Forafric Global PLC Ordinary Shares:

  • The MRQ is 12.294. The company is unable to pay all its debts with equity. -1
  • The TTM is 12.294. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ12.294TTM12.2940.000
TTM12.294YOY6.891+5.403
TTM12.2945Y5.810+6.485
5Y5.81010Y5.8100.000
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ12.2940.919+11.375
TTM12.2940.921+11.373
YOY6.8910.940+5.951
5Y5.8100.989+4.821
10Y5.8101.042+4.768
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Forafric generates.

  • Above 15 is considered overpriced but always compare Forafric to the Farm Products industry mean.
  • A PE ratio of -22.46 means the investor is paying $-22.46 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Forafric Global PLC Ordinary Shares:

  • The EOD is -21.480. Based on the earnings, the company is expensive. -2
  • The MRQ is -22.456. Based on the earnings, the company is expensive. -2
  • The TTM is -22.456. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-21.480MRQ-22.456+0.975
MRQ-22.456TTM-22.4560.000
TTM-22.456YOY-15.564-6.892
TTM-22.4565Y-14.420-8.036
5Y-14.42010Y-14.4200.000
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
EOD-21.4807.501-28.981
MRQ-22.4566.897-29.353
TTM-22.4566.818-29.274
YOY-15.5647.666-23.230
5Y-14.4208.311-22.731
10Y-14.42014.341-28.761
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Forafric Global PLC Ordinary Shares:

  • The EOD is 11.597. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 12.124. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 12.124. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD11.597MRQ12.124-0.527
MRQ12.124TTM12.1240.000
TTM12.124YOY-4.784+16.908
TTM12.1245Y-0.258+12.382
5Y-0.25810Y-0.2580.000
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
EOD11.5972.170+9.427
MRQ12.1242.414+9.710
TTM12.124-0.248+12.372
YOY-4.784-1.003-3.781
5Y-0.258-0.854+0.596
10Y-0.258-0.568+0.310
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Forafric is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Farm Products industry mean).
  • A PB ratio of 9.75 means the investor is paying $9.75 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Forafric Global PLC Ordinary Shares:

  • The EOD is 9.323. Based on the equity, the company is overpriced. -1
  • The MRQ is 9.746. Based on the equity, the company is overpriced. -1
  • The TTM is 9.746. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD9.323MRQ9.746-0.423
MRQ9.746TTM9.7460.000
TTM9.746YOY6.637+3.109
TTM9.7465Y4.418+5.328
5Y4.41810Y4.4180.000
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
EOD9.3231.354+7.969
MRQ9.7461.275+8.471
TTM9.7461.360+8.386
YOY6.6371.532+5.105
5Y4.4181.692+2.726
10Y4.4182.074+2.344
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Forafric Global PLC Ordinary Shares.

4.8.1. Institutions holding Forafric Global PLC Ordinary Shares

Institutions are holding 1.836% of the shares of Forafric Global PLC Ordinary Shares.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-06-30BlackRock Inc0.42620114554-20954-15.4633
2024-06-30Geode Capital Management, LLC0.24330.00016539736265.8701
2024-06-30State Street Corp0.1832049236-1987-3.8791
2024-09-30Vanguard Group Inc0.1513040657533915.1169
2024-09-30Northern Trust Corp0.15120.000140654373010.1018
2024-06-30Morgan Stanley - Brokerage Accounts0.0817021950-1280-5.5101
2024-06-30Bank of America Corp0.05580150079506.7582
2024-09-30Renaissance Technologies Corp0.05360.000314400-1254-8.0107
2024-09-30Charles Schwab Investment Management Inc0.044401193700
2024-09-30Dimensional Fund Advisors, Inc.0.044201187900
2024-06-30Bank of New York Mellon Corp0.0395010624-2997-22.0028
2024-06-30Barclays PLC0.036809881-1697-14.6571
2024-09-30New York State Common Retirement Fund0.01980.0001532300
2024-06-30Rhumbline Advisers0.01760.00014728-821-14.7955
2024-06-30Acadian Asset Management LLC0.01220.0001327032700
2024-06-30MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.0.01210.0001325432540
2024-06-30Corebridge Financial Inc0.0110.0002295929590
2024-06-30JPMorgan Chase & Co0.010902928-7050-70.6554
2024-06-30UBS Group AG0.010402799-2850-50.4514
2024-06-30Tower Research Capital LLC0.00850.00042288101579.7329
Total 1.61370.0015433725-16747-3.9%

4.9.2. Funds holding Forafric Global PLC Ordinary Shares

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-10-31iShares Russell 2000 ETF0.18760.000850415-112-0.2217
2024-08-31Fidelity Small Cap Index0.17180.001946166-156-0.3368
2024-10-31Vanguard Russell 2000 ETF0.09590.002225770-170-0.6554
2024-10-31iShares Russell 2000 Growth ETF0.0910.00212446300
2024-10-31State St Russell Sm/Mid Cp® Indx NL Cl C0.05130.00031378200
2024-09-30Fidelity Nasdaq Composite Index0.05110.00091372200
2024-09-30NT R2000 Index Fund - NL0.05020.002313496171714.5768
2024-10-31iShares Micro-Cap ETF0.04520.01391215100
2024-09-30Schwab Small Cap Index0.04440.00211193700
2024-09-30Northern Trust Russell 2000 Growth Index0.04260.004511460114600
2024-09-30NT R2000 Growth Index Fund - L0.04260.004511460114600
2024-10-31State St Russell Sm Cap® Indx SL Cl I0.04130.00121110000
2024-09-30NT R2000 Index Fund - DC - NL - 20.04020.002310807148615.9425
2024-09-30iShares Russell 2000 Small-Cap Idx Instl0.03590.0021965300
2024-09-30The Vanguard Russell 2000 Growth Index0.03310.0045888600
2024-09-30DFA US Micro Cap I0.02360.0009634100
2024-09-30Nuveen Small Cap Blend Idx R60.02360.002633200
2024-09-30EQ/2000 Managed Volatility IB0.02240.0019600900
2024-09-30Russell Personalized DI All Cap SMA0.02030.000154482003.811
2024-10-31Vanguard Russell 2000 Growth ETF0.01920.00425167-65-1.2424
Total 1.13330.0547304565+25820+8.5%
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5. Financial Statements




5.1. Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets309,450
Total Liabilities280,244
Total Stockholder Equity22,795
 As reported
Total Liabilities 280,244
Total Stockholder Equity+ 22,795
Total Assets = 309,450

Assets

Total Assets309,450
Total Current Assets121,242
Long-term Assets188,208
Total Current Assets
Cash And Cash Equivalents 24,021
Net Receivables 54,736
Inventory 28,378
Other Current Assets 14,107
Total Current Assets  (as reported)121,242
Total Current Assets  (calculated)121,242
+/-0
Long-term Assets
Property Plant Equipment 130,305
Goodwill 48,488
Intangible Assets 4,648
Long-term Assets Other 4,767
Long-term Assets  (as reported)188,208
Long-term Assets  (calculated)188,208
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities253,259
Long-term Liabilities26,985
Total Stockholder Equity22,795
Total Current Liabilities
Short-term Debt 185,440
Short Long Term Debt 185,440
Accounts payable 46,461
Other Current Liabilities 14,506
Total Current Liabilities  (as reported)253,259
Total Current Liabilities  (calculated)431,847
+/- 178,588
Long-term Liabilities
Long term Debt 13,327
Long-term Liabilities Other 2,676
Long-term Liabilities  (as reported)26,985
Long-term Liabilities  (calculated)16,003
+/- 10,982
Total Stockholder Equity
Common Stock27
Retained Earnings -115,354
Accumulated Other Comprehensive Income -5,005
Other Stockholders Equity 143,127
Total Stockholder Equity (as reported)22,795
Total Stockholder Equity (calculated)22,795
+/-0
Other
Capital Stock27
Cash and Short Term Investments 24,021
Common Stock Shares Outstanding 26,879
Current Deferred Revenue1,272
Liabilities and Stockholders Equity 309,450
Net Debt 174,746
Net Invested Capital 221,562
Net Working Capital -132,017
Property Plant and Equipment Gross 185,005
Short Long Term Debt Total 198,767



5.2. Balance Sheets Structured

Currency in USD. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-31
> Total Assets 
212,577
237,736
299,902
307,164
309,450
309,450307,164299,902237,736212,577
   > Total Current Assets 
64,289
82,562
117,548
143,572
121,242
121,242143,572117,54882,56264,289
       Cash And Cash Equivalents 
8,994
12,683
14,393
24,827
24,021
24,02124,82714,39312,6838,994
       Net Receivables 
27,949
37,415
57,546
75,784
54,736
54,73675,78457,54637,41527,949
       Inventory 
14,864
26,545
37,563
27,218
28,378
28,37827,21837,56326,54514,864
       Other Current Assets 
12,482
5,919
8,046
15,743
14,107
14,10715,7438,0465,91912,482
   > Long-term Assets 
148,288
155,174
182,354
163,592
188,208
188,208163,592182,354155,174148,288
       Property Plant Equipment 
102,744
106,255
125,835
110,957
130,305
130,305110,957125,835106,255102,744
       Goodwill 
44,669
48,072
51,571
45,898
48,488
48,48845,89851,57148,07244,669
       Intangible Assets 
448
363
3,975
3,723
4,648
4,6483,7233,975363448
       Other Assets 
427
484
973
0
0
00973484427
> Total Liabilities 
286,660
185,742
252,250
262,209
280,244
280,244262,209252,250185,742286,660
   > Total Current Liabilities 
125,145
149,052
202,897
238,181
253,259
253,259238,181202,897149,052125,145
       Short-term Debt 
92,051
120,522
163,713
189,828
185,440
185,440189,828163,713120,52292,051
       Short Long Term Debt 
0
117,044
157,707
189,828
185,440
185,440189,828157,707117,0440
       Accounts payable 
13,728
12,841
26,196
27,295
46,461
46,46127,29526,19612,84113,728
       Other Current Liabilities 
19,366
3,926
2,431
15,001
14,506
14,50615,0012,4313,92619,366
   > Long-term Liabilities 
161,515
36,690
49,353
24,028
26,985
26,98524,02849,35336,690161,515
       Other Liabilities 
22,059
21,864
18,721
0
0
0018,72121,86422,059
> Total Stockholder Equity
-74,083
51,912
40,135
38,053
22,795
22,79538,05340,13551,912-74,083
   Common Stock
4
120,000
120,000
57
27
2757120,000120,0004
   Retained Earnings -115,354-102,678-83,550-74,397-74,622
   Accumulated Other Comprehensive Income 
535
6,309
3,685
-2,984
-5,005
-5,005-2,9843,6856,309535
   Capital Surplus 00000
   Treasury Stock00000
   Other Stockholders Equity 
0
6,309
119,979
143,658
143,127
143,127143,658119,9796,3090



5.3. Balance Sheets

Currency in USD. All numbers in thousands.




5.4. Cash Flows

Currency in USD. All numbers in thousands.




5.5. Income Statements

Currency in USD. All numbers in thousands.


5.6. Latest Income Statement

Income Statement (annual), 2023-12-31. Currency in USD. All numbers in thousands.

Gross Profit (+$)
totalRevenue305,476
Cost of Revenue-275,051
Gross Profit30,42530,425
 
Operating Income (+$)
Gross Profit30,425
Operating Expense-29,292
Operating Income1,1331,133
 
Operating Expense (+$)
Research Development0
Selling General Administrative29,465
Selling And Marketing Expenses0
Operating Expense29,29229,465
 
Net Interest Income (+$)
Interest Income37
Interest Expense-14,016
Other Finance Cost-0
Net Interest Income-13,979
 
Pretax Income (+$)
Operating Income1,133
Net Interest Income-13,979
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-12,61414,880
EBIT - interestExpense = -12,614
-12,782
1,340
Interest Expense14,016
Earnings Before Interest and Taxes (EBIT)1,4021,402
Earnings Before Interest and Taxes (EBITDA)7,484
 
After tax Income (+$)
Income Before Tax-12,614
Tax Provision--106
Net Income From Continuing Ops-12,508-12,508
Net Income-12,676
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses304,343
Total Other Income/Expenses Net-13,74713,979
 

Technical Analysis of Forafric
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Forafric. The general trend of Forafric is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Forafric's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Forafric Global PLC Ordinary Shares.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 9.945 < 10.02 < 10.07.

The bearish price targets are: 9.765 > 9.63 > 9.35.

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Forafric Global PLC Ordinary Shares Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Forafric Global PLC Ordinary Shares. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Forafric Global PLC Ordinary Shares Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Forafric Global PLC Ordinary Shares.

Forafric Global PLC Ordinary Shares Daily Moving Average Convergence/Divergence (MACD) ChartForafric Global PLC Ordinary Shares Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Forafric Global PLC Ordinary Shares. The current adx is .

Forafric Global PLC Ordinary Shares Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Forafric Global PLC Ordinary Shares.

Forafric Global PLC Ordinary Shares Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Forafric Global PLC Ordinary Shares.

Forafric Global PLC Ordinary Shares Daily Relative Strength Index (RSI) ChartForafric Global PLC Ordinary Shares Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Forafric Global PLC Ordinary Shares.

Forafric Global PLC Ordinary Shares Daily Stochastic Oscillator ChartForafric Global PLC Ordinary Shares Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Forafric Global PLC Ordinary Shares.

Forafric Global PLC Ordinary Shares Daily Commodity Channel Index (CCI) ChartForafric Global PLC Ordinary Shares Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Forafric Global PLC Ordinary Shares.

Forafric Global PLC Ordinary Shares Daily Chande Momentum Oscillator (CMO) ChartForafric Global PLC Ordinary Shares Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Forafric Global PLC Ordinary Shares.

Forafric Global PLC Ordinary Shares Daily Williams %R ChartForafric Global PLC Ordinary Shares Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Forafric Global PLC Ordinary Shares.

Forafric Global PLC Ordinary Shares Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Forafric Global PLC Ordinary Shares.

Forafric Global PLC Ordinary Shares Daily Average True Range (ATR) ChartForafric Global PLC Ordinary Shares Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Forafric Global PLC Ordinary Shares.

Forafric Global PLC Ordinary Shares Daily On-Balance Volume (OBV) ChartForafric Global PLC Ordinary Shares Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Forafric Global PLC Ordinary Shares.

Forafric Global PLC Ordinary Shares Daily Money Flow Index (MFI) ChartForafric Global PLC Ordinary Shares Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Forafric Global PLC Ordinary Shares.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-07-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-07-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-07-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-25STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-07-26BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-07-29STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-08-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-08-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-08-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-08-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-08-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-30STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-09-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-09-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-16STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-09-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-09-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-24STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-09-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-09-27STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-09-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-10-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-10-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-10STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-10-11STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-10-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-30WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-11-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-11-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-11-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-11-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-11-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-11-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-11-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-11-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-11-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-11-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside

6.3. Candlestick Patterns

Forafric Global PLC Ordinary Shares Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Forafric Global PLC Ordinary Shares based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose10.340
Total1/1 (100.0%)
Penke
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