On Friday, Forge Global Holdings Inc (NYSE: FRGE) opened lower -2.81% from the last session, before settling in for the closing price of $0.80. Price fluctuations for FRGE have ranged from $0.70 to $3.56 over the past 52 weeks.
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Annual sales at Financial sector company slipped by -15.06% over the past five years. Company’s average yearly earnings per share was noted 29.00% at the time writing. With a float of $117.35 million, this company’s outstanding shares have now reached $184.32 million.
Let’s look at the performance matrix of the company that is accounted for 345 employees. 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 and Institutional Ownership
A key investor’s attitude towards the stock of the Capital Markets industry is another important factor to consider. The insider ownership of Forge Global Holdings Inc is 36.61%, while institutional ownership is 25.76%. The most recent insider transaction that took place on Jan 15 ’25, was worth 40,205. In this transaction Chief Executive Officer of this company sold 50,000 shares at a rate of $0.80, taking the stock ownership to the 8,030,213 shares. Before that another transaction happened on Jan 15 ’25, when Company’s Officer proposed sale 50,000 for $0.79, making the entire transaction worth $39,425.
Forge Global Holdings Inc (FRGE) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 29.00% per share during the next fiscal year.
Forge Global Holdings Inc (NYSE: FRGE) Trading Performance Indicators
Check out the current performance indicators for Forge Global Holdings Inc (FRGE). In the past 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 1.80.
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)
Forge Global Holdings Inc (NYSE: FRGE) saw its 5-day average volume 0.66 million, a negative change from its year-to-date volume of 0.76 million. As of the previous 9 days, the stock’s Stochastic %D was 33.58%. Additionally, its Average True Range was 0.08.
During the past 100 days, Forge Global Holdings Inc’s (FRGE) raw stochastic average was set at 8.52%, which indicates a significant decrease from 25.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.81% in the past 14 days, which was lower than the 80.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.9642, while its 200-day Moving Average is $1.3817. Nevertheless, the first resistance level for the watch stands at $0.8107 in the near term. At $0.8465, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.8763. If the price goes on to break the first support level at $0.7451, it is likely to go to the next support level at $0.7153. The third support level lies at $0.6795 if the price breaches the second support level.
Forge Global Holdings Inc (NYSE: FRGE) Key Stats
There are currently 185,013K shares outstanding in the company with a market cap of 143.39 million. Presently, the company’s annual sales total 69,390 K according to its annual income of -90,220 K. Last quarter, the company’s sales amounted to 19,140 K and its income totaled -18,340 K.
