On Monday, Forge Global Holdings Inc (NYSE: FRGE) was -8.26% drop from the session before settling in for the closing price of $1.09. A 52-week range for FRGE has been $0.80 – $4.02.
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Financial Sector giant saw their annual sales slid by -15.06% over the last five years. When this article was written, the company’s average yearly earnings per share was at 28.93%. With a float of $135.97 million, this company’s outstanding shares have now reached $184.32 million.
The firm has a total of 345 workers. Let’s measure their productivity. In terms of profitability, gross margin is -62.86%, operating margin of -109.94%, and the pretax margin is -96.85%.
Forge Global Holdings Inc (FRGE) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Forge Global Holdings Inc stocks. The insider ownership of Forge Global Holdings Inc is 26.51%, while institutional ownership is 25.67%. The most recent insider transaction that took place on Dec 02 ’24, was worth 54,500. Before that another transaction happened on Dec 02 ’24, when Company’s Officer proposed sale 100,000 for $1.09, making the entire transaction worth $109,000.
Forge Global Holdings Inc (FRGE) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.15 earnings per share (EPS) during the time that was less than consensus figure (set at -0.1) by -0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.93% per share during the next fiscal year.
Forge Global Holdings Inc (NYSE: FRGE) Trading Performance Indicators
You can see what Forge Global Holdings Inc (FRGE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.43, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.22 in one year’s time.
Technical Analysis of Forge Global Holdings Inc (FRGE)
Analysing the last 5-days average volume posted by the [Forge Global Holdings Inc, FRGE], we can find that recorded value of 0.46 million was lower than the volume posted last year of 0.54 million. As of the previous 9 days, the stock’s Stochastic %D was 55.43%. Additionally, its Average True Range was 0.09.
During the past 100 days, Forge Global Holdings Inc’s (FRGE) raw stochastic average was set at 24.10%, which indicates a significant decrease from 44.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 105.95% in the past 14 days, which was higher than the 79.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1700, while its 200-day Moving Average is $1.5449. Now, the first resistance to watch is $1.0674. This is followed by the second major resistance level at $1.1348. The third major resistance level sits at $1.1696. If the price goes on to break the first support level at $0.9652, it is likely to go to the next support level at $0.9304. Should the price break the second support level, the third support level stands at $0.8630.
Forge Global Holdings Inc (NYSE: FRGE) Key Stats
There are 185,013K outstanding shares of the company, which has a market capitalization of 185.01 million. As of now, sales total 69,390 K while income totals -90,220 K. Its latest quarter income was 19,140 K while its last quarter net income were -18,340 K.
