Is Forge Global Holdings Inc (FRGE) a Stock to Watch After Losing -17.02% This Week?

Forge Global Holdings Inc (FRGE) stock is down 17.02% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Forge Global Holdings Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on FRGE!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With FRGE Stock Today?

Forge Global Holdings Inc (FRGE) stock has fallen -1.99% while the S&P 500 has risen 0.41% as of 3:16 PM on Monday, Aug 15. FRGE has fallen -$0.08 from the previous closing price of $4.03 on volume of 281,374 shares. Over the past year the S&P 500 is down -4.06% while FRGE has fallen -59.45%. FRGE earned $0.18 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 21.83. To screen for more stocks like Forge Global Holdings Inc click here.

More About Forge Global Holdings Inc

Forge Global Holdings Inc is a financial service platform created to serve the unique needs of the private market. It provides marketplace infrastructure, data services and technology solutions for private market participants. By combining trading technology and operating expertise, Forge Markets enables private company shareholders to trade private company shares with accredited investors. Click Here to get the full Stock Report for Forge Global Holdings Inc stock.