Forge Global Holdings Inc (NYSE:FRGE) price on Thursday, July 03, fall -2.35% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $18.28.
A look at the stock’s price movement, the close in the last trading session was $18.72, moving within a range at $17.475 and $18.5. The beta value (5-Year monthly) was 2.193. Turning to its 52-week performance, $24.45 and $6.60 were the 52-week high and 52-week low respectively. Overall, FRGE moved 30.39% over the past month.
Forge Global Holdings Inc’s market cap currently stands at around $225.36 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-07.
Turning to the stock’s technical picture we see that short term indicators suggest on average that FRGE is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 1 recommend FRGE as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
FRGE’s current price about 6.80% and 19.57% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 63.62, while 7-day volatility ratio is 6.25% and 6.44% in the 30-day chart. Further, Forge Global Holdings Inc (FRGE) has a beta value of 2.29. Analysts have given the company’s stock an average 52-week price target of $6.5, forecast between a low of $3 and high of $10. Looking at the price targets, the low is 83.59% off current price level while to achieve the yearly target high, price needs to move 45.3%. Nonetheless, investors will most likely welcome a 64.44% jump to $6.5 which is the analysts’ median price.
If we refocus on Forge Global Holdings Inc (NYSE:FRGE), historical trading data shows that trading volumes averaged 0.14 over the past 10 days and 154.32K over the past 3 months. The company’s latest data on shares outstanding shows there are 12.64 million shares.
The 37.02% of Forge Global Holdings Inc’s shares are in the hands of company insiders while institutional holders own 27.45% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.38 million on 2025-06-13, giving us a short ratio of 3.48. The data shows that as of 2025-06-13 short interest in Forge Global Holdings Inc (FRGE) stood at 425.0 of shares outstanding, with shares short falling to 0.43 million registered in 2025-05-15. Current price change has pushed the stock -15.37% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the FRGE stock continues to rise going into the next quarter.
