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

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

Separately, Weiss Ratings reiterated 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.com, the stock currently has an average rating of “Sell”.

RYTHM Stock Down 0.3%

Shares of NASDAQ:RYM opened at $23.80 on Friday. The business has a 50 day simple moving average of $27.11. 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 market capitalization of $51.17 million, a P/E ratio of -2.23 and a beta of 9.88. RYTHM has a 52 week low of $13.22 and a 52 week high of $53.65.

RYTHM (NASDAQ:RYM) last announced its earnings results on Friday, November 7th. The company reported ($5.31) earnings per share (EPS) for the quarter. The company had revenue of $4.04 million for 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.