Forian (FORA) to Release Quarterly Earnings on Thursday

Forian (NASDAQ:FORA) will likely be posting its quarterly earnings results after the market closes 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 Up 5.3 %

FORA stock opened at $2.17 on Tuesday. The company has a 50-day simple moving average of $2.30 and a 200 day simple moving average of $2.17. The company has a market capitalization of $67.30 million, a P/E ratio of -24.11 and a beta of 1.06. Forian has a fifty-two week low of $1.96 and a fifty-two week high of $4.03.

Insider Transactions at Forian

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

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.