FORAFRIC GLOBAL PLC (AFRI)
Consumer Staples · Agricultural Commodities / Food Processing · NASDAQ
Forafric is a Morocco-focused agribusiness and milling enterprise engaged in the production and distribution of flour, semolina, and grain-based food products.
What FORAFRIC GLOBAL PLC does
Forafric Global PLC is an agribusiness platform focused on the milling and processing of grain-based food products, primarily operating in Morocco. The company processes and distributes a variety of flour, semolina, and pasta products, while also engaging in the strategic trade of agricultural commodities.
Themes: Agribusiness, Food security, Emerging markets, Grain processing
Fundamentals
- Price$11.15 as of 2026-08-21 close
- Market cap$301M as of 2026-08-24
- 1-year return+40.1% 2025-08-21 close $7.96 → 2026-08-21 close $11.15
- P/En/a negative earnings
- Net margin-9.8% as of 2026-08-24
- Gross margin+10.2% as of 2026-08-24
- ROE-158.1% as of 2026-08-24
- Debt / equity18.63 as of 2026-08-24
- Revenue growth (YoY)-40.0% as of 2026-08-24
- Revenue CAGR (3y)-14.7% SEC XBRL
- Beta0.39 as of 2026-08-24
- Last reported earningsn/a no confirmed date — as a foreign private issuer it reports on Form 6-K, which carries no earnings item code
How AFRI compares in its sector
- net profit marginbottom 10% 116 covered Consumer Staples peers, as of 2026-08-24
- operating marginbottom 25% 116 covered Consumer Staples peers, as of 2026-08-24
- gross marginbottom 10% 116 covered Consumer Staples peers, as of 2026-08-24
- return on equitybottom 10% 116 covered Consumer Staples peers, as of 2026-08-24
- 3-year revenue CAGRbottom 10% 109 covered Consumer Staples peers
- free cash flow (absolute dollars, latest fiscal year)bottom 10% 110 covered Consumer Staples peers, as of FY2025
Position among covered Consumer Staples companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How FORAFRIC GLOBAL PLC looks technically
FORAFRIC GLOBAL PLC (AFRI) is trading 10.4% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 207 trading days ago — a "golden cross", a bullish long-term signal. A strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 51, with buyers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 63, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 1 trading day ago (its momentum flipped positive). It made a new 20-day high about 11 trading days ago. Trading volume is running unusually high — about 6.1× its 30-day average, a sign of heightened interest.
Trend
8
| Distance from the 200-day | it is trading 10.4% above its 200-day average, the long-term trend line — a longer-term uptrend | +10.4% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $10.43 | $10.43 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $10.10 | $10.10 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing low 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Wave structure | its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five; the labelling fails if price closes below 10.265. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a three-part correction in leg C. | possible upward five-wave sequence, in wave 3 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 207 trading days ago — a "golden cross", a bullish long-term signal | 207 sessions |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 51, with buyers in control | 50.5 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 63, neither overbought (above 70) nor oversold (below 30) | 63.0 |
|---|---|---|
| Position in its 14-day range | it is trading around the middle of its 14-day range ($10.27 to $11.90) — its "stochastic" reading is 54 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 54.1 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 1 trading day ago (its momentum flipped positive) | 1 session |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $11.90 | $11.90 |
|---|---|---|
| From the 52-week high | it is 6.3% below its 52-week high (its highest price of the past year) | -6.3% |
| Above the 52-week low | it is 46.5% above its 52-week low (its lowest price of the past year) | +46.5% |
| Below the 52-week high | it is 6.3% below its highest point of the past year | 6.3% |
| Since a 20-day breakout | it made a new 20-day high about 11 trading days ago | 11 sessions |
| Since a 55-day breakout | it made a new 55-day high about 11 trading days ago | 11 sessions |
| All-time high | its highest closing price on record is $16.37 (set on 2022-06-10) | $16.37 |
| Given back of the 52-week move | over the past year its closes ranged ($7.77 to $11.28), and it has given back only a small part of its rise from last year’s low — 4% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $9.00 to $9.11. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 3.7% |
| From the all-time high | it is 31.9% below its all-time high | -31.9% |
| Nearest price level | it is sitting right on a resistance level at $11.15 — a price it turned at twice since 2024-11-12, most recently on 2026-07-17. Since 2024-08-21 it has 11 such levels below the current price and 2 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +0.0% |
| All-time low | its lowest closing price on record is $4.61 (set on 2022-06-23) | $4.61 |
| Above the all-time low | it is 141.9% above its all-time low | +141.9% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are wider than usual versus its own recent 6-month history (wider than about 76% of it) | 76th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.4938 between its high and its low — about 4.4% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.4938 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $10.24 and $11.04 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $10.24 – $10.64 – $11.04 |
| Typical daily range (% of price) | its price moves about 4.4% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.4% |
| Stretch from the 200-day average | it is trading 2.1 daily ranges above its 200-day average price (10.4% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 2.1 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is running unusually high — about 6.1× its 30-day average, a sign of heightened interest | 6.11× |
|---|
Candlestick patterns
3
| Since a doji | 3 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 3 sessions ago |
|---|---|---|
| Since a bullish engulfing | 7 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 7 sessions ago |
| Since a bearish engulfing | 1 session ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 1 session ago |
Price gaps
2
| Gap at the open | it opened on 2026-08-21 0.8% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | +0.8% |
|---|---|---|
| Gap filled | a 3.1% gap up opened on 2026-08-20 has been "filled" 1 session ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 1 session ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 3.1 percentage points (the stock gained 5.4% while the market gained 2.3%) | +3.1% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 8.0 percentage points (the stock gained 11.1% while the market gained 3.1%) | +8.0% |
| vs market, 6 months | over the past 6 months this stock beat the market by 0.5 percentage points (the stock gained 11.6% while the market gained 11.1%) | +0.6% |
| vs market, 12 months | over the past 12 months this stock beat the market by 19.6 percentage points (the stock gained 40.1% while the market gained 20.5%) | +19.6% |
Signal agreement
2
| Bullish technical signals | 6 of the 9 technical signals we can compute for it are currently in a bullish state: a strong uptrend, with buyers in control, a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive, outperforming the market over 6 months, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 6 of 9 |
|---|---|---|
| Bearish technical signals | 0 of the 9 technical signals we can compute for it are currently in a bearish state — these describe past price behaviour, not a forecast | 0 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 7.1% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is thin, spanning 0.7% of the share price, which is taken to mean a barrier that gives way easily. | +7.1% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 9% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $10.24 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | +8.9% |
|---|
Price levels it has turned at before
AFRI last closed at $11.15 on 2026-08-21. Since 2024-08-21 it has turned at 11 prices below its last close and 2 above; the 3 nearest below and the 2 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $11.15 | Resistance | at the last close | turned there twice · 2024-11-12 to 2026-07-17 |
| $10.81 | Support | 3.0% below the last close | turned there three times · 2024-12-20 to 2026-06-26 |
| $11.71 | Resistance | 5.0% above the last close | turned there three times · 2024-09-06 to 2026-08-10 |
| $10.45 | Support | 6.3% below the last close | turned there 8 times · 2024-09-03 to 2026-06-01 |
| $10.15 | Support | 8.9% below the last close | turned there six times · 2024-11-06 to 2026-08-14 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five.
This labelling fails — stops being a possible reading at all — if it closes below $10.27.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $11.90 and $12.92 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a three-part correction in leg C, which fails on a close below $10.27.
This reading has stood for 1 trading day, since 2026-08-21.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Unusually heavy trading volume · MACD just crossed bullish (12/26/9) · in a strong, established uptrend (ADX) · Trading above the Ichimoku cloud · Most technical signals bullish | Learn: moving average · golden cross · adx · rsi · macd · breakout · volume and relative volume
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Key risks (from latest filing)
["Substantial doubt regarding ability to continue as a going concern","Heavy concentration of operations and assets in Morocco, making the company vulnerable to regional economic/political instability","High exposure to agricultural commodity price volatility and currency exchange rate fluctuations"]
Short interest (FINRA)
AFRI had 245,510 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for AFRI because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 245,510
- Prior settlement (shares) 268,806
- Reported change -8.67%
- Days to cover (reported) 15.16
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Archer-Daniels-Midland (ADM)
- Bunge (BG)
- Wilmar International (WLMIY)
- Olam Group (OLMIY)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does FORAFRIC GLOBAL PLC (AFRI) do?
Forafric Global PLC is an agribusiness platform focused on the milling and processing of grain-based food products, primarily operating in Morocco. The company processes and distributes a variety of flour, semolina, and pasta products, while also engaging in the strategic trade of agricultural commodities.
What sector is FORAFRIC GLOBAL PLC (AFRI) in?
FORAFRIC GLOBAL PLC (AFRI) is classified in the Consumer Staples sector. Its industry is Agricultural Commodities / Food Processing. It trades on NASDAQ.
Who are FORAFRIC GLOBAL PLC's (AFRI) competitors?
Notable peers of FORAFRIC GLOBAL PLC (AFRI) include Archer-Daniels-Midland, Bunge, Wilmar International and Olam Group. This peer set is informational only — not financial advice.
Is FORAFRIC GLOBAL PLC (AFRI) overbought or oversold right now?
FORAFRIC GLOBAL PLC (AFRI) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 63, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on AFRI come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.