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The price of Forge Global Holdings Inc (NYSE: FRGE) closed at $0.58 in the last session, down -2.28% from day before closing price of $0.59. In other words, the price has decreased by -$2.28 from its previous closing price. On the day, 0.93 million shares were traded. FRGE stock price reached its highest trading level at $0.725 during the session, while it also had its lowest trading level at $0.57.
Ratios:
We take a closer look at FRGE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.74 and its Current Ratio is at 4.74. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.05.
On September 03, 2024, UBS Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $3.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 18 ’25 when Phillips Jennifer sold 159,108 shares for $1.00 per share. The transaction valued at 159,110 led to the insider holds 604,728 shares of the business.
Phillips Jennifer bought 160,508 shares of FRGE for $148,984 on Feb 18 ’25. On Jan 15 ’25, another insider, Rodriques Kelly, who serves as the Chief Executive Officer of the company, sold 50,000 shares for $0.80 each. As a result, the insider received 40,205 and left with 8,030,213 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FRGE now has a Market Capitalization of 108633776 and an Enterprise Value of 12742665. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.37 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 0.161 whereas that against EBITDA is -0.171.
Stock Price History:
The Beta on a monthly basis for FRGE is 2.37, which has changed by -0.69947916 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, FRGE has reached a high of $3.56, while it has fallen to a 52-week low of $0.55. The 50-Day Moving Average of the stock is -27.63%, while the 200-Day Moving Average is calculated to be -50.36%.
Shares Statistics:
According to the various share statistics, FRGE traded on average about 641.11K shares per day over the past 3-months and 705920 shares per day over the past 10 days. A total of 186.40M shares are outstanding, with a floating share count of 119.59M. Insiders hold about 36.43% of the company’s shares, while institutions hold 25.01% stake in the company. Shares short for FRGE as of 1740700800 were 3340124 with a Short Ratio of 5.21, compared to 1738281600 on 2245352. Therefore, it implies a Short% of Shares Outstanding of 3340124 and a Short% of Float of 2.75.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The stock of Forge Global Holdings Inc (FRGE) is currently being evaluated by 1.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.05 and low estimates of -$0.05.
Analysts are recommending an EPS of between -$0.22 and -$0.22 for the fiscal current year, implying an average EPS of -$0.22. EPS for the following year is -$0.16, with 1.0 analysts recommending between -$0.16 and -$0.16.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $21.58M. It ranges from a high estimate of $23M to a low estimate of $19.1M. As of the current estimate, Forge Global Holdings Inc’s year-ago sales were $19.24MFor the next quarter, 4 analysts are estimating revenue of $23.85M. There is a high estimate of $26.52M for the next quarter, whereas the lowest estimate is $21.1M.
A total of 5 analysts have provided revenue estimates for FRGE’s current fiscal year. The highest revenue estimate was $104.24M, while the lowest revenue estimate was $91.5M, resulting in an average revenue estimate of $96.69M. In the same quarter a year ago, actual revenue was $79.33MBased on 5 analysts’ estimates, the company’s revenue will be $127.45M in the next fiscal year. The high estimate is $152.5M and the low estimate is $115M.
