Forge Global Holdings Inc’s recently made public that its Officer Phillips Jennifer acquired Company’s shares for reported $0.15 million on Feb 18 ’25. In the deal valued at $0.93 per share,160,508 shares were bought.
Then, Rodriques Kelly sold 50,000 shares, generating $40,205 in total proceeds. Upon selling the shares at $0.80, the Chief Executive Officer now owns 8,030,213 shares.
Before that, Rodriques Kelly bought 50,000 shares. Forge Global Holdings Inc shares valued at $39,425 were divested by the Officer at a price of $0.79 per share.
JP Morgan downgraded its Forge Global Holdings Inc [FRGE] rating to an Underweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in early September from “a Neutral” to “a Buy”. JP Morgan began covering FRGE with “Neutral” recommendation on January 05, 2023. UBS started covering the stock on November 30, 2022. It rated FRGE as “a Neutral”.
Price Performance Review of FRGE
On Tuesday, Forge Global Holdings Inc [NYSE:FRGE] saw its stock jump 6.10% to $0.98. Over the last five days, the stock has gained 20.66%. Forge Global Holdings Inc shares have risen nearly 5.79% since the year began. Nevertheless, the stocks have fallen -49.50% over the past one year. While a 52-week high of $3.56 was reached on 02/18/25, a 52-week low of $0.70 was recorded on 01/10/25. SMA at 50 days reached $0.8721, while 200 days put it at $1.2621.
Levels Of Support And Resistance For FRGE Stock
The 24-hour chart illustrates a support level at 0.9265, which if violated will result in even more drops to 0.8683. On the upside, there is a resistance level at 1.0265. A further resistance level may holdings at 1.0683. The Relative Strength Index (RSI) on the 14-day chart is 65.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1095, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 9.00%. Stochastics %K at 96.40% indicates the stock is a selling.
The most recent change occurred on November 22, 2022 when Piper Sandler began covering the stock and recommended ‘”a Neutral”‘ rating along with a $1.75 price target.
