Forian Inc. (NASDAQ:FORA - Get Free Report) shares rose 1% on Thursday . The company traded as high as $2.01 and last traded at $1.94. Approximately 21,741 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 25,100 shares. The stock had previously closed at $1.92.
Forian Stock Up 1.8%
The stock has a market capitalization of $61.45 million, a price-to-earnings ratio of -21.94 and a beta of 1.00. The business has a 50-day simple moving average of $1.97 and a two-hundred day simple moving average of $2.06.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Forian stock. Renaissance Technologies LLC raised its position in shares of Forian Inc. (NASDAQ:FORA - Free Report) by 48.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,301 shares of the company's stock after purchasing an additional 11,601 shares during the quarter. Renaissance Technologies LLC owned 0.11% of Forian worth $73,000 at the end of the most recent quarter. Institutional investors and hedge funds own 19.25% of the company's stock.
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.
See Also
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