In last trading session, Forge Global Holdings Inc (NYSE:FRGE) saw 0.39 million shares changing hands with its beta currently measuring 2.27. Company’s recent per share price level of $19.0 trading at $0.08 or 0.42% at ring of the bell on the day assigns it a market valuation of $234.24M. That closing price of FRGE’s stock is at a discount of -28.68% from its 52-week high price of $24.45 and is indicating a premium of 65.26% from its 52-week low price of $6.60. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.12 million shares which gives us an average trading volume of 143.41K if we extend that period to 3-months.
For Forge Global Holdings Inc (FRGE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.67. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Forge Global Holdings Inc (NYSE:FRGE) trade information
Upright in the green during last session for gaining 0.42%, in the last five days FRGE remained trading in the green while hitting it’s week-highest on Friday, 06/27/25 when the stock touched $19.0 price level, adding 1.2% to its value on the day. Forge Global Holdings Inc’s shares saw a change of -7.54% in year-to-date performance and have moved 10.47% in past 5-day. Forge Global Holdings Inc (NYSE:FRGE) showed a performance of 28.73% in past 30-days. Number of shares sold short was 0.38 million shares which calculate 3.48 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 6.5 to the stock, which implies a fall of -192.31% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 10. It follows that stock’s current price would jump 84.21% in reaching the projected high whereas dropping to the targeted low would mean a gain of 84.21% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -12.26% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 16.47% while estimates for its earnings growth in next 5 years are of 29.25%.
Forge Global Holdings Inc (NYSE:FRGE)’s Major holders
Insiders are in possession of 19.56% of company’s total shares while institution are holding 40.57 percent of that, with stock having share float percentage of 50.44%. Investors also watch the number of corporate investors in a company very closely, which is 40.57% institutions for Forge Global Holdings Inc that are currently holding shares of the company. ROB EXPLORATION LLC is the top institutional holder at FRGE for having 24.23 million shares of worth $35.38 million. And as of 2024-06-30, it was holding 13.2636 of the company’s outstanding shares.
The second largest institutional holder is TEMASEK HOLDINGS (PRIVATE) LTD, which was holding about 8.61 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.7119 of outstanding shares, having a total worth of $12.57 million.
