Is Forge Global Holdings Inc (NYSE: FRGE) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

FRGE belongs to the Technology sector of the NYSE while operating in the Software – Application industry. The current market capitalization of Forge Global Holdings Inc is $357.21M. A total of 0.55 million shares were traded on the day, compared to an average of 820.82K shares.

In the most recent transaction, Rodriques Kelly sold 14,254 shares of FRGE for 1.93 per share on May 02 ’24. After the transaction, the Chief Executive Officer now owns 10,387,708 company shares. In a previous transaction on May 01 ’24, Rodriques Kelly sold 35,746 shares at 1.88 per share. FRGE shares that Chief Executive Officer owns now total 10,401,962.

Among the insiders who sold shares, Rodriques Kelly disposed of 20,803 shares on Apr 16 ’24 at a per-share price of $1.84. This resulted in the Chief Executive Officer holding 10,437,708 shares of FRGE after the transaction. In another insider transaction, Rodriques Kelly sold 25,000 shares at $1.73 per share on Apr 02 ’24. Company shares held by the Chief Executive Officer now total 10,589,550.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, FRGE has a high of $4.02 and a low of $1.10.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. FRGE’s latest balance sheet shows that the firm has $74.78M in Cash & Short Term Investments as of fiscal 2021. There were $10.53M in debt and $38.02M in liabilities at the time. Its Book Value Per Share was $1.49, while its Total Shareholder’s Equity was $193.42M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FRGE is Buy with a score of 3.67.

Most Popular

Related Posts