Forge Global Holdings Inc. (NYSE: FRGE) on August 04, 2022, started off the session at the price of $4.51, soaring 32.97% from the previous trading day. During the day, the shares moved up to $9.40 and dropped to $4.51 before settling in for the closing price of $4.55. Within the past 52 weeks, FRGE’s price has moved between $4.49 and $47.50.
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The company achieved an average annual earnings per share of 179.40%.
Forge Global Holdings Inc. (FRGE) Insider and Institutional Ownership
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Forge Global Holdings Inc. is 26.40%, while institutional ownership is 22.70%.
Forge Global Holdings Inc. (FRGE) Latest Financial update
This company achieved a return on equity of 2.56.
According to the Wall Street analysts, stocks earnings will be around 179.40% per share during the next fiscal year.
Forge Global Holdings Inc. (NYSE: FRGE) Trading Performance Indicators
Forge Global Holdings Inc. (FRGE) is currently performing well based on its current performance indicators. A quick ratio of 0.10 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.18
Technical Analysis of Forge Global Holdings Inc. (FRGE)
Forge Global Holdings Inc. (NYSE: FRGE) saw its 5-day average volume 4.81 million, a positive change from its year-to-date volume of 1.14 million. As of the previous 9 days, the stock’s Stochastic %D was 12.80%. Additionally, its Average True Range was 0.81.
During the past 100 days, Forge Global Holdings Inc.’s (FRGE) raw stochastic average was set at 3.63%, which indicates a significant decrease from 31.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 133.98% in the past 14 days, which was lower than the 231.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.29, while its 200-day Moving Average is $12.46. Nevertheless, the first resistance level for the watch stands at $8.80 in the near term. At $11.54, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.69. If the price goes on to break the first support level at $3.91, it is likely to go to the next support level at $1.76.
Forge Global Holdings Inc. (NYSE: FRGE) Key Stats
Market capitalization of the company is 1.04 billion based on 41,400K outstanding shares. Right now, sales total 47,756 K and income totals 9,360 K. The company made 19,890 K in profit during its latest quarter, and -64,420 K in sales during its previous quarter.