Forge Global Holdings Inc (NYSE: FRGE) kicked off on Tuesday, up 6.38% from the previous trading day, before settling in for the closing price of $0.73. Over the past 52 weeks, FRGE has traded in a range of $0.70-$3.56.
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Annual sales at Financial sector company slipped by -15.06% over the past five years. While this was happening, its average annual earnings per share was recorded 29.00%. With a float of $117.33 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
Our next focus will be how large-scale investors are participating in this stock of the Capital Markets Industry. The insider ownership of Forge Global Holdings Inc is 36.58%, while institutional ownership is 25.70%. 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
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 29.00% per share during the next fiscal year.
Forge Global Holdings Inc (NYSE: FRGE) Trading Performance Indicators
Take a look at Forge Global Holdings Inc’s (FRGE) current performance indicators. Last quarter, stock had a quick ratio of 5.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.81.
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 0.41 million, a negative change from its year-to-date volume of 0.61 million. As of the previous 9 days, the stock’s Stochastic %D was 47.43%. Additionally, its Average True Range was 0.07.
During the past 100 days, Forge Global Holdings Inc’s (FRGE) raw stochastic average was set at 10.85%, which indicates a significant decrease from 45.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.13% in the past 14 days, which was lower than the 81.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.9073, while its 200-day Moving Average is $1.3099. Nevertheless, the first resistance level for the watch stands at $0.8005 in the near term. At $0.8203, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.8555. If the price goes on to break the first support level at $0.7455, it is likely to go to the next support level at $0.7103. The third support level lies at $0.6905 if the price breaches the second support level.
Forge Global Holdings Inc (NYSE: FRGE) Key Stats
The company with the Market Capitalisation of 144.46 million has total of 185,013K Shares Outstanding. Its annual sales at the moment are 69,390 K in contrast with the sum of -90,220 K annual income. Company’s last quarter sales were recorded 19,140 K and last quarter income was -18,340 K.
