Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Forge Global Holdings Inc (NYSE: FRGE) closed at $0.78 in the last session, up 6.38% from day before closing price of $0.73. In other words, the price has increased by $6.38 from its previous closing price. On the day, 0.62 million shares were traded.
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 5.37 and its Current Ratio is at 5.37. 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 Jan 15 ’25 when Rodriques Kelly sold 50,000 shares for $0.80 per share. The transaction valued at 40,205 led to the insider holds 8,030,213 shares of the business.
Rodriques Kelly bought 50,000 shares of FRGE for $39,425 on Jan 15 ’25. On Dec 18 ’24, another insider, Phillips Jennifer, who serves as the Chief Revenue & Growth Officer of the company, sold 1,400 shares for $1.00 each. As a result, the insider received 1,400 and left with 724,591 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.81 while its Price-to-Book (P/B) ratio in mrq is 0.61.
Stock Price History:
Over the past 52 weeks, FRGE has reached a high of $3.56, while it has fallen to a 52-week low of $0.70. The 50-Day Moving Average of the stock is -13.94%, while the 200-Day Moving Average is calculated to be -40.39%.
Shares Statistics:
A total of 184.32M shares are outstanding, with a floating share count of 117.33M. Insiders hold about 36.58% of the company’s shares, while institutions hold 25.70% stake in the company.
