WallStreetZenWallStreetZen

How to Buy Forge Global Holdings Stock

Forge Global Holdings Inc

Forge Global Holdings is a app company located in California, United States, which is part of the Technology sector, and is traded under the ticker FRGE on the NYSE exchange.

Forge Global Holdings stock last closed at $1.91, down 2.55% from the previous day, and has increased 6.11% in one year. It has underperformed other stocks in the Software - Application industry by 0.25 percentage points. Forge Global Holdings stock is currently +73.64% from its 52-week low of $1.10, and -52.49% from its 52-week high of $4.02.

There are currently 175.27M FRGE shares outstanding. The market value of FRGE is $334.77M. In the past 24 hours, 125,898 FRGE shares were traded.

How to Buy Forge Global Holdings Stock

Wondering how to invest in Forge Global Holdings stock? Here's how.
  1. Figure out where to buy Forge Global Holdings stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Forge Global Holdings stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Pick your method of payment and add your details.
  4. Analyze Forge Global Holdings stock: The Forge Global Holdings ticker symbol is FRGE. Is Forge Global Holdings stock a good investment? Should you buy shares of FRGE? How do FRGE's underlying business fundamentals look? Do top analysts think Forge Global Holdings is a good buy? Why has FRGE's stock price moved recently? (Hint: Our stock market research website can help you evaluate if FRGE is a good stock to buy).
  5. Place your FRGE buy order: Decide if you will purchase FRGE shares at the current market price or use a limit order to purchase FRGE stock at a particular price.
  6. Get the latest scoop on your FRGE investment: Create a watchlist to important updates regarding your position in Forge Global Holdings stock.

Step 1: Figure out where to buy Forge Global Holdings stock

You will need a brokerage account in order to access the NYSE market and buy FRGE stock.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

In our opinion, eToro is the best brokerage. eToro gives you:

  • Invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
  • Access to world markets: From Tech to Real Estate, New York to Shanghai — you can fill your portfolio with stocks from the world's leading exchanges.
  • Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your share purchase by signing up for an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Sign up for your brokerage account

Now that you've selected the right brokerage, the next step is to fill out some personal info so you can invest in FRGE stock today.

How to Create a New Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal details to create a new brokerage account.
  1. Send your data by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Put funds into your investment account

Now that you have opened your account on stock market app, you need to deposit funds:

Watch this video walkthrough if you need help depositing money into your investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Forge Global Holdings stock

Once you have figured out the best place to buy Forge Global Holdings stock, it's critical to evaluate their stock before you buy, so you actually comprehend the risk as well as the opportunity.

Forge Global Holdings quick stats

FRGE Price
$1.91
1w %
1.6%
1y %
6.11%
5y %
N/A
P/E
-3.75x
P/B
1.19x
P/S
4.91x
PEG
N/A
Revenue
$67.58M
Earnings
-$90.54M
Fore. Rev. Growth
45.53%
Fore. Earn. Growth
N/A
Market Cap
$334.77M
Next Earnings
Mar 13, 2024
Next Dividend
N/A

Forge Global Holdings Fundamentals

WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis.

You can see all of the due diligence checks on FRGE's stock page.

Is FRGE stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge FRGE's true value.

Using relative valuations methods:

  • FRGE may be undervalued based on its P/B ratio of 1.19x, relative to Software - Application industry P/B ratio of 6.97x

You can do more valuation research on FRGE's stock here.

FRGE Financial Health

Passed Financial Due Diligence Checks:

  • There are more short-term assets than long-term liabilities on the FRGE balance sheet.
  • FRGE has $156.43M in cash and short term investments. This is enough to cover its annual cash burn of $45.87M.
  • FRGE has cash burn of 45869000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the FRGE balance sheet.
  • FRGE has a low debt to equity ratio of 0.11.

Failed Financial Due Diligence Checks:

  • FRGE profit margin has gone down from -112% to -134% in the past year.

You can dive deeper into what analysts are projecting on the Forge Global Holdings stock forecast page.

FRGE Technical Indicators

SMA10
1.94
SMA20
1.87
SMA50
2.43
SMA100
2.57
SMA200
2.38
MACD
-0.1
MACD Signal
-0.14
MACD Histogram
0.05
RSI
44.23
Stochastic %K
65.51
Stochastic %D
62.22
StochRSI %K
84.99
StochRSI %D
80.13

FRGE Growth Metrics

Last year, FRGE revenue was $67.58M. In the last two year, FRGE's revenue has grown by -24.36% per year. This was slower than the Software - Application industry average of 30.33%.

Dig into FRGE's earnings and revenue performance here.

Are FRGE executives and large shareholders buying or selling the stock?

In the past year, insiders at FRGE have sold more shares than they have bought.

Kelly Rodriques, Chief Executive Officer of FRGE, was the latest FRGE insider to sell. They sold $41,273.30 worth of FRGE stock on Feb 7, 2024.

Get more info about who owns FRGE shares here.

Can I get consistent income from FRGE stock?

No, Forge Global Holdings doesn't provide an income stream by paying out dividends.

Get analysis from other traders

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Place your FRGE buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, use a limit order.

Click the Open button and your broker will execute the order.

If you require more help investing in stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Get the latest scoop on your FRGE investment

Now that you own some shares in FRGE, you'll want to stay up-to-date on your new investment.

Start a watchlist to track your FRGE stock.

FRGE Feed

How to Buy Stock in Forge Global Holdings

To reiterate, here are the 6 steps you need to take to buy Forge Global Holdings stock right now:

  1. Figure out where to buy Forge Global Holdings stock
  2. Sign up for your brokerage account
  3. Put funds into your investment account
  4. Analyze Forge Global Holdings stock
  5. Place your FRGE buy order
  6. Get the latest scoop on your FRGE investment

If you require a brokerage account, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep an eye on your investment in Forge Global Holdings, create a watchlist today.

NYSE: FRGE
$1.91-0.05 (-2.55%)
Updated Feb 28, 2024
Open eToro Account
NYSE: FRGE
$1.91-0.05 (-2.55%)
Updated Feb 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Forge Global Holdings share?

As of Feb 28, 2024, it costs $1.91 to buy one share of Forge Global Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.96, you can buy 0.5 shares of FRGE.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Forge Global Holdings stock?

One way to place an order for Forge Global Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.