Forian (FORA) to Release Quarterly Earnings on Thursday

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

Forian Trading Up 3.0 %

Forian stock opened at $2.08 on Thursday. The stock has a market cap of $64.51 million, a P/E ratio of -23.11 and a beta of 1.06. The stock has a 50 day moving average of $2.29 and a 200-day moving average of $2.18. Forian has a 52 week low of $1.96 and a 52 week high of $4.03.

Insider Activity

In other news, CEO Max C. Wygod acquired 12,320 shares of Forian stock in a transaction that occurred on Tuesday, February 11th. The shares were purchased at an average cost 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. This trade represents a 0.94 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible 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.