Forian (NASDAQ:FORA) Trading 2.6% Higher - Here's What Happened

Key Points

• Forian Inc. shares rose by 2.6% during mid-day trading, reaching a high of $2.39 before closing at $2.37.
• The trading volume increased by 73% compared to the average session volume, with 44,780 shares changing hands.
• Forian specializes in data management and analytical solutions aimed at optimizing operational, clinical, and financial performance in the healthcare sector.

Forian Inc. (NASDAQ:FORA - ) 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

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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