Forafric Global PLC (AFRI)
Forafric Global PLC operates in the Agricultural Farm Products industry of the Consumer Defensive sector, headquartered in Gibraltar, GI. The stock last traded at $11.00, up 3.38% on the session, giving a market capitalisation of $296.6M. On trailing twelve-month figures it carries a trailing P/E of -93.86, a net margin of -4.5%. Its beta of 0.37 implies it has historically moved less than the broad market.
Forafric Global PLC, with its headquarters in Gibraltar, operates as a significant enterprise within the agricultural sector, focusing its activities across Morocco and Sub-Saharan Africa. The company's operations encompass the entire supply chain for agricultural commodities and their derivatives, including sourcing, warehousing, logistics, transformation, and distribution. Its product portfolio features essential items like flour and semolina, alongside manufactured goods such as pasta and couscous, marketed under its recognized Tria and MayMouna labels. Forafric primarily caters to wholesale food producers and distributors, also extending its market reach through exports to approximately 45 nations worldwide.
Forafric Global PLC is most often compared with the following Consumer Defensive names: