Forge Global Holdings Inc (NYSE:FRGE)’s traded shares stood at 0.55 million during the last session, with the company’s beta value hitting 2.16. At the close of trading, the stock’s price was $1.00, to imply an increase of 4.23% or $0.04 in intraday trading. The FRGE share’s 52-week high remains $3.56, putting it -256.0% down since that peak but still an impressive 30.0% since price per share fell to its 52-week low of $0.70.
Analysts have given a consensus recommendation of Buy for Forge Global Holdings Inc (FRGE), translating to a mean rating of 2.33. Of 2 analyst(s) looking at the stock, 0 analyst(s) give FRGE a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.09.
Forge Global Holdings Inc (NYSE:FRGE) trade information
After registering a 4.23% upside in the last session, Forge Global Holdings Inc (FRGE) has traded red over the past five days. The 5-day price performance for the stock is 7.49%, and 33.26% over 30 days. With these gigs, the year-to-date price performance is 7.42%.
The extremes give us $3 and $3 for target low and target high price respectively. As such, FRGE has been trading -200.0% off suggested target high and -200.0% from its likely low.
Forge Global Holdings Inc (FRGE) estimates and forecasts
The rating firms project that company’s revenue will grow 16.53% compared to the previous financial year.
Revenue forecast for the current quarter as set by 6 analysts is 20.75M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 23.47M.Earnings reports from the last fiscal year show that sales brought in 19.06M and 19.24M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 8.86% before jumping 21.95% in the following quarter.
FRGE Dividends
Forge Global Holdings Inc has its next earnings report out in April. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is TEMASEK HOLDINGS (PRIVATE) LTD with 8.61 million shares, or about 4.7119% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $12.57 million.
We also have iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Forge Global Holdings Inc (FRGE) shares. Going by data provided on Dec 31, 2024 , iShares Russell 2000 ETF holds roughly 3.18 shares. This is just over 1.70% of the total shares, with a market valuation of $3.18 million. Data from the same date shows that the other fund manager holds a little less at 3.12, or 1.67% of the shares, all valued at about 3.12 million.
