Forge Global Holdings Inc (NYSE: FRGE) on Monday, soared 12.26% from the previous trading day, before settling in for the closing price of $1.06. Within the past 52 weeks, FRGE’s price has moved between $0.80 and $4.02.
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Financial Sector giant saw their annual sales slid by -15.06% over the last five years. The company achieved an average annual earnings per share of 28.93%. With a float of $136.08 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
Observing investor behavior towards Capital Markets industry stocks is more important than anything else. The insider ownership of Forge Global Holdings Inc is 26.45%, while institutional ownership is 25.69%. The most recent insider transaction that took place on Dec 09 ’24, was worth 68,900. Before that another transaction happened on Dec 09 ’24, when Company’s Chief Executive Officer sold 65,000 for $1.12, making the entire transaction worth $72,618. This insider now owns 8,221,112 shares in total.
Forge Global Holdings Inc (FRGE) Earnings and Forecasts
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
Forge Global Holdings Inc (FRGE) is currently performing well based on its current performance indicators. A quick ratio of 5.37 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 2.76.
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 0.86 million was better than the volume posted last year of 0.55 million. As of the previous 9 days, the stock’s Stochastic %D was 37.89%. 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 49.37%, which indicates a significant decrease from 86.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 103.50% in the past 14 days, which was higher than the 81.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1424, while its 200-day Moving Average is $1.5228. Now, the first resistance to watch is $1.2800. This is followed by the second major resistance level at $1.3700. The third major resistance level sits at $1.4900. If the price goes on to break the first support level at $1.0700, it is likely to go to the next support level at $0.9500. Should the price break the second support level, the third support level stands at $0.8600.
Forge Global Holdings Inc (NYSE: FRGE) Key Stats
Market capitalization of the company is 220.17 million based on 185,013K outstanding shares. Right now, sales total 69,390 K and income totals -90,220 K. The company made 19,140 K in profit during its latest quarter, and -18,340 K in sales during its previous quarter.
