Forian (FORA) Expected to Announce Quarterly Earnings on Thursday

Forian (NASDAQ:FORA) is expected to release its earnings data 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 Price Performance

NASDAQ:FORA opened at $2.13 on Wednesday. Forian has a 1-year low of $1.96 and a 1-year high of $4.03. The company has a market capitalization of $66.06 million, a PE ratio of -23.67 and a beta of 1.06. The firm’s 50-day moving average price is $2.30 and its 200-day moving average price is $2.17.

Insider Buying and Selling at Forian

In related news, CEO Max C. Wygod purchased 12,320 shares of Forian stock in a transaction dated Tuesday, February 11th. The stock was purchased at an average cost of $2.67 per share, for a total transaction of $32,894.40. Following the completion of the acquisition, 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 acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 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.