FRMO Co. (OTCMKTS:FRMO – Get Free Report) shares rose 0.5% during mid-day trading on Monday . The stock traded as high as $9.73 and last traded at $9.73. Approximately 4,043 shares traded hands during trading, a decline of 68% from the average daily volume of 12,691 shares. The stock had previously closed at $9.68.
FRMO Stock Performance
The firm has a 50 day moving average price of $10.04 and a 200-day moving average price of $9.05.
About FRMO
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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