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Should You Buy Forte Biosciences Inc (FBRX) Stock Wednesday Morning?

Wednesday, August 02, 2023 07:09 AM | InvestorsObserver Analysts

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Should You Buy Forte Biosciences Inc (FBRX) Stock Wednesday Morning?

Forte Biosciences Inc (FBRX) is higher by Wednesday morning, with the stock adding 4.90% in pre-market trading to 1.07. FBRX's short-term technical score of 51 indicates that the stock has traded more bullishly over the last month than 51% of stocks on the market. In the Biotechnology industry, which ranks 117 out of 146 industries, FBRX ranks higher than 69% of stocks. Forte Biosciences Inc has fallen 1.92% over the past month, closing at $1.00 on July 5. During this period of time, the stock fell as low as $1.00 and as high as $1.03. FBRX has an average analyst recommendation of Sell.

Overall Score - 22
FBRX has an Overall Score of 22. Find out what this means to you and get the rest of the rankings on FBRX!
Forte Biosciences Inc has a Long-Term Technical rank of 14. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 86% of the market scoring higher. In the Biotechnology industry which is number 129 by this metric, FBRX ranks better than 129% of stocks.

Important Dates for Investors in FBRX:

-Forte Biosciences Inc is set to release earnings on 8/21/2023. Over the last 12 months, the company has reported EPS of $-0.95. -We do not have a set dividend date for Forte Biosciences Inc at this time. Click Here To Get The Full Report on Forte Biosciences Inc (FBRX)

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