Forge Global Holdings, Inc. (NYSE:FRGE – Get Rating) rose 6.9% during mid-day trading on Friday . The company traded as high as $4.13 and last traded at $4.04. Approximately 29,327 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 2,374,819 shares. The stock had previously closed at $3.78.
Analyst Upgrades and Downgrades
FRGE has been the subject of a number of analyst reports. JMP Securities initiated coverage on shares of Forge Global in a research note on Friday, August 26th. They issued an “outperform” rating and a $10.00 target price for the company. William Blair initiated coverage on shares of Forge Global in a research note on Friday, August 26th. They issued a “market perform” rating for the company.
Forge Global Trading Down 6.1 %
The firm’s 50-day moving average is $4.61.
Hedge Funds Weigh In On Forge Global
Forge Global Company Profile
Forge Global Holdings, Inc provides marketplace infrastructure, data services, and technology solutions for private market participants. It enables private company shareholders to trade private company shares with accredited investors. The company was founded in 2014 and is based in San Francisco, California.
- Get a free copy of the StockNews.com research report on Forge Global (FRGE)
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