Forian (NASDAQ:FORA) Trading 2.6% Higher - Here's What Happened
Forian Inc. (NASDAQ:FORA) shares rose 2.6% during mid-day trading, reaching a high of $2.39 before closing at $2.37. Trading volume increased by 73% compared to the average, with 44,780 shares exchanged. The company has a market cap of $73.74 million and a P/E ratio of -26.33. Forian provides data management and analytics solutions for the healthcare industry. Despite a Buy rating, analysts suggest other stocks may be better investment options.
Forian Inc. (NASDAQ:FORA - Get Free Report) shares traded up 2.6% during mid-day trading on Monday . The stock traded as high as $2.39 and last traded at $2.37. 44,780 shares changed hands during trading, an increase of 73% from the average session volume of 25,829 shares. The stock had previously closed at $2.31.
Forian Stock Up 2.6%
The company has a 50 day moving average of $2.02 and a 200-day moving average of $2.03. The stock has a market capitalization of $73.74 million, a P/E ratio of -26.33 and a beta of 1.00.
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.
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