Forian (NASDAQ:FORA - Get Free Report) will likely be announcing its earnings results after the market closes on Thursday, March 27th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $5.37 million for the quarter.
Forian Trading Down 5.5 %
Shares of FORA traded down $0.12 during trading hours on Friday, reaching $2.06. The company had a trading volume of 8,903 shares, compared to its average volume of 16,428. The firm has a 50 day simple moving average of $2.30 and a 200-day simple moving average of $2.17. The company has a market capitalization of $63.89 million, a price-to-earnings ratio of -22.89 and a beta of 1.06. Forian has a 12-month low of $1.96 and a 12-month high of $4.03.
Insider Activity
In other Forian news, CEO Max C. Wygod acquired 12,320 shares of the stock in a transaction that occurred on Tuesday, February 11th. The shares were purchased at an average cost of $2.67 per share, with a total value of $32,894.40. Following the purchase, the chief executive officer now owns 1,324,500 shares in the company, valued at approximately $3,536,415. The trade was a 0.94 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 31.30% of the company's stock.
About Forian
(
Get Free Report)
Forian Inc provides a suite of data management capabilities, and information and analytics solutions to optimize and measure operational, clinical, and financial performance for customers in the healthcare and related industries. It develops commercial, real world evidence (RWE), and market access solutions and proprietary data-driven insights, as well as offers data management solutions.
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