Forge Global Holdings Inc (NYSE:FRGE) currently has a daily average trading volume of 660.26K but it saw 773956 shares traded in last market. With a market cap of 183.05M USD, the company’s current market price of $0.98 came falling about -0.49 while comparing to the previous closing price of $0.98. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.56 and as low as $0.70.
Taking a look at 20-day trading activity of Forge Global Holdings Inc (FRGE) gives us an average price of $0.8083, while its current price level is -72.47% below from 52-week high level whereas it is 40.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.8718 while that of 200 days or SMA-200 reads an average of $1.2574. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.73% during that period while stretching the period over a month that decreases to 8.12%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 65.30 which implies that the stock is in neutral territory.
UBS upgraded its recommendation for the stock as a “Buy” from “Neutral” on September 03, 2024 while assigning a price target of $3.
Over the week, FRGE’s stock price is moving 17.14% up while it is 26.45% when we observe its performance for the past one month. Year-to-date it is 5.27% up and over the past year, the stock is showing a downside performance of -52.43%.
Currently, Forge Global Holdings Inc’s total number of outstanding shares is 184.32M with 22.46% of that held by the insiders while 38.59% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -31.03% and return on equity (ROE) at -29.71%. Stock’s beta reads 2.30. Stock has a price to book (P/B) ratio of 0.77 while price to sale or P/S ratio amounts to 2.29. Its return on asset (ROA) is -25.75% on average.
