Forza X1, Inc. (NASDAQ:FRZA) Director Kevin Schuyler Purchases 90,668 Shares

Forza X1, Inc. (NASDAQ:FRZA) Director Kevin Schuyler purchased 90,668 shares of the business’s stock in a transaction that occurred on Tuesday, September 17th. The stock was acquired at an average cost of $0.30 per share, with a total value of $27,200.40. Following the completion of the acquisition, the director now directly owns 100,000 shares of the company’s stock, valued at $30,000. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Forza X1 Trading Up 12.0 %

Shares of NASDAQ FRZA opened at $0.32 on Thursday. Forza X1, Inc. has a 1-year low of $0.17 and a 1-year high of $0.87. The company has a current ratio of 14.62, a quick ratio of 14.16 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average of $0.28 and a two-hundred day moving average of $0.38. The company has a market cap of $5.04 million, a PE ratio of -0.91 and a beta of 2.06.

Forza X1 (NASDAQ:FRZA) last posted its quarterly earnings data on Wednesday, August 14th. The company reported ($0.07) earnings per share for the quarter.

Forza X1 Company Profile

Forza X1, Inc focuses on designing, developing, and manufacturing electric boats in the United States. It intends to offer its products through a vertically integrated direct-to-consumer system. Forza X1, Inc was incorporated in 2021 and is headquartered in Fort Pierce, Florida.