Forian Inc. (NASDAQ:FORA - Get Free Report) shares traded up 1% during trading on Tuesday . The stock traded as high as $2.06 and last traded at $2.05. 4,898 shares were traded during trading, a decline of 56% from the average session volume of 11,125 shares. The stock had previously closed at $2.03.
Wall Street Analyst Weigh In
Separately, Roth Mkm restated a "buy" rating and set a $5.00 price objective on shares of Forian in a research report on Thursday, November 14th.
Read Our Latest Analysis on Forian
Forian Stock Performance
The firm has a market cap of $63.58 million, a P/E ratio of -22.78 and a beta of 1.05. The stock has a 50 day simple moving average of $2.05 and a 200-day simple moving average of $2.26.
Hedge Funds Weigh In On Forian
An institutional investor recently raised its position in Forian stock. Canton Hathaway LLC boosted its stake in shares of Forian Inc. (NASDAQ:FORA - Free Report) by 2.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 269,650 shares of the company's stock after buying an additional 6,125 shares during the period. Canton Hathaway LLC owned approximately 0.87% of Forian worth $582,000 at the end of the most recent quarter. 19.25% of the stock is currently owned by institutional investors.
Forian Company Profile
(
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.
Further Reading
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