Shares of FRMO Co. (OTCMKTS:FRMO – Get Free Report) were down 6% on Monday . The company traded as low as $9.86 and last traded at $9.87. Approximately 22,313 shares were traded during trading, an increase of 54% from the average daily volume of 14,495 shares. The stock had previously closed at $10.50.
FRMO Stock Down 0.8 %
The stock’s fifty day simple moving average is $10.33 and its 200 day simple moving average is $8.85.
FRMO Company Profile
FRMO Corporation, through Horizon Kinetics, LLC, operates as an investment advisory and independent research company. The company provides in-depth analysis of information-poor, under-researched companies, and strategies to identify the complex situations primarily to institutional investors. FRMO Corporation was incorporated in 1993 and is based in White Plains, New York.
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