Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Forge Global Holdings Inc (NYSE: FRGE) was $0.71 for the day, up 11.97% from the previous closing price of $0.63. In other words, the price has increased by $11.97 from its previous closing price. On the day, 0.58 million shares were traded. FRGE stock price reached its highest trading level at $0.72 during the session, while it also had its lowest trading level at $0.645.
Ratios:
Our analysis of FRGE’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 133600352 and an Enterprise Value of 37709216. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.68 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 0.475 whereas that against EBITDA is -0.507.
Stock Price History:
The Beta on a monthly basis for FRGE is 2.33, which has changed by -0.6098901 over the last 52 weeks, in comparison to a change of 0.08572841 over the same period for the S&P500. Over the past 52 weeks, FRGE has reached a high of $2.53, while it has fallen to a 52-week low of $0.55. The 50-Day Moving Average of the stock is -7.56%, while the 200-Day Moving Average is calculated to be -36.93%.
Shares Statistics:
FRGE traded an average of 637.54K shares per day over the past three months and 620750 shares per day over the past ten days. A total of 186.40M shares are outstanding, with a floating share count of 119.64M. Insiders hold about 36.41% of the company’s shares, while institutions hold 25.01% stake in the company. Shares short for FRGE as of 1741910400 were 2993409 with a Short Ratio of 4.70, compared to 1739491200 on 2820342. Therefore, it implies a Short% of Shares Outstanding of 2993409 and a Short% of Float of 2.4600001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
