Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Forte Biosciences Inc (NASDAQ: FBRX) closed the day trading at $10.59 down -25.26% from the previous closing price of $14.17. In other words, the price has decreased by -$25.26 from its previous closing price. On the day, 1.58 million shares were traded.
Ratios:
For a better understanding of FBRX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.22 and its Current Ratio is at 5.22. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On April 08, 2024, Ladenburg Thalmann Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $2.75.
Chardan Capital Markets Upgraded its Sell to Buy on September 20, 2021, whereas the target price for the stock was revised from $4 to $3.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 21 ’24 when Riley Antony A bought 22,514 shares for $5.55 per share. The transaction valued at 124,998 led to the insider holds 30,776 shares of the business.
Stock Price History:
Over the past 52 weeks, FBRX has reached a high of $28.68, while it has fallen to a 52-week low of $4.11. The 50-Day Moving Average of the stock is 19.80%, while the 200-Day Moving Average is calculated to be 1.68%.
Shares Statistics:
A total of 6.58M shares are outstanding, with a floating share count of 5.33M. Insiders hold about 19.06% of the company’s shares, while institutions hold 70.32% stake in the company.
