Zinger Key Points
- AgriFORCE announces it received purchase orders for its RCS division.
- The company signs a distribution agreement in South America as part of its ongoing efforts to expand RCS internationally.
- Feel unsure about the market’s next move? Copy trade alerts from Matt Maley—a Wall Street veteran who consistently finds profits in volatile markets. Claim your 7-day free trial now.
AgriFORCE Growing Systems Ltd. AGRI stock traded higher on Wednesday after the company announced it received purchase orders for its Radical Clean Solutions (RCS) division.
What To Know: In addition to the purchase orders, AgriFORCE signed a distribution agreement in South America as part of its ongoing efforts to expand RCS internationally.
Furthermore, the RCS division has secured its first two purchase orders in the Caribbean, with deployments set for Barbados and St. Lucia. The division continues to attract strong interest from Latin America, the Middle East and the Caribbean.
“We have been working diligently to enhance RCS’s sales and manufacturing capabilities,” said Barrett Mooney, AgriFORCE’s COO. “We are enthusiastic about our latest product offerings and the opportunity to collaborate with outstanding partners who help bring these innovative solutions to market.”
AGRI Price Action: AgriFORCE stock is up 15.09% at $1.83 at publication Friday, according to data from Benzinga Pro.
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