Forian (FORA) Expected to Announce Quarterly Earnings on Thursday

Forian (NASDAQ:FORA) will likely be posting its quarterly earnings results 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 Trading Down 1.8 %

Shares of FORA opened at $2.13 on Wednesday. The company has a market cap of $66.06 million, a price-to-earnings ratio of -23.67 and a beta of 1.06. The business’s fifty day simple moving average is $2.30 and its two-hundred day simple moving average is $2.17. Forian has a 12 month low of $1.96 and a 12 month high of $4.03.

Insider Activity at Forian

In related news, CEO Max C. Wygod bought 12,320 shares of the stock in a transaction on Tuesday, February 11th. The shares were acquired at an average price of $2.67 per share, for a total transaction of $32,894.40. Following the purchase, the chief executive officer now owns 1,324,500 shares of the company’s stock, valued at approximately $3,536,415. The trade was a 0.94 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 31.30% of the stock is currently owned by insiders.

About Forian

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.