During the last session, Forge Global Holdings Inc (NYSE:FRGE)’s traded shares were 0.41 million, with the beta value of the company hitting 2.52. At the end of the trading day, the stock’s price was $1.92, reflecting an intraday gain of 0.52% or $0.01. The 52-week high for the FRGE share is $4.02, that puts it down -109.37 from that peak though still a striking 42.71% gain since the share price plummeted to a 52-week low of $1.10. The company’s market capitalization is $344.64M, and the average trade volume was 813.98K shares over the past three months.
Forge Global Holdings Inc (NYSE:FRGE) trade information
Forge Global Holdings Inc (FRGE) registered a 0.52% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.52% in intraday trading to $1.92, hitting a weekly high. The stock’s 5-day price performance is 3.23%, and it has moved by -7.69% in 30 days. Based on these gigs, the overall price performance for the year is 44.36%.
Forge Global Holdings Inc (FRGE) estimates and forecasts
Statistics show that Forge Global Holdings Inc has outperformed its competitors in share price, compared to the industry in which it operates. Forge Global Holdings Inc (FRGE) shares have gone down -18.30% during the last six months, with a year-to-date growth rate more than the industry average at 16.33% against 9.70. In the rating firms’ projections, revenue will increase 30.70% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 19.18M as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 21.59M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 17.19M and 16.8M respectively. In this case, analysts expect current quarter sales to grow by 11.60% and then jump by 28.50% in the coming quarter.
While earnings are projected to return 22.29% in 2024.
FRGE Dividends
Forge Global Holdings Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
