Forian (FORA) to Release Quarterly Earnings on Thursday

Forian (NASDAQ:FORA) is expected to release its earnings data before the market opens on Thursday, March 27th. Analysts expect Forian to post earnings of $0.02 per share and revenue of $5.37 million for the quarter.

Forian Stock Performance

Shares of FORA opened at $2.08 on Thursday. The firm has a market capitalization of $64.51 million, a price-to-earnings ratio of -23.11 and a beta of 1.06. Forian has a one year low of $1.96 and a one year high of $4.03. The stock’s fifty day moving average is $2.29 and its 200-day moving average is $2.18.

Insider Buying and Selling

In related news, CEO Max C. Wygod purchased 12,320 shares of the firm’s stock in a transaction that occurred on Tuesday, February 11th. The stock was acquired at an average price of $2.67 per share, for a total transaction of $32,894.40. Following the transaction, the chief executive officer now directly owns 1,324,500 shares of the company’s stock, valued at $3,536,415. This trade represents a 0.94 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 31.30% of the stock is owned by corporate insiders.

Forian Company Profile

Forian Inc provides a suite of data management capabilities, and information and analytics solutions to optimize and measure operational, clinical, and financial performance for customers in the healthcare and related industries. It develops commercial, real world evidence (RWE), and market access solutions and proprietary data-driven insights, as well as offers data management solutions.