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 $1.96, down 0.51% from the previous day, and has increased 34.25% in one year. It has overperformed other stocks in the Software - Application industry by 0.1 percentage points. Forge Global Holdings stock is currently +78.18% from its 52-week low of $1.10, and -51.24% from its 52-week high of $4.02.
There are currently 179.5M FRGE shares outstanding. The market value of FRGE is $351.82M. In the past 24 hours, 444,857 FRGE shares were traded.
How to Buy Forge Global Holdings Stock
Wondering how to invest in Forge Global Holdings stock? Here's how.
- 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.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Pick your method of payment and add your details.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
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- 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 AccountStep 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
- 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.
- Input your personal details to create a new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
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.
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
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 1.34x, relative to Software - Application industry P/B ratio of 6.53x
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 $145.78M in cash and short term investments. This is enough to cover its annual cash burn of $41.98M.
- FRGE has cash burn of 41983000. 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 0.16.
Failed Financial Due Diligence Checks:
- FRGE profit margin has gone up by 0.32 percentage points in the past year, but the company is still unprofitable.
Is Forge Global Holdings stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Wall Street analysts who track FRGE, the consensus analyst rating on Forge Global Holdings is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Forge Global Holdings stock forecast page.
FRGE Technical Indicators
Is FRGE Growing Revenue?
Last year, FRGE revenue was $69.82M. Over the past 4 year, FRGE's revenue has gone up by 25.99% per year. This was slower than the Software - Application industry average of 27.59%.
You can research FRGE's earnings and revenue performance here.
Latest Insiders Trades at FRGE
Over the last 12 months, executives and large shareholders 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 $38,194.31 worth of FRGE shares on Apr 16, 2024.
Get more info about who owns FRGE stock here.
Does FRGE provide a stable income stream?
No, Forge Global Holdings doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your FRGE buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, use a limit order.
Hit the Open Trade button and your broker will execute the order.
If you need more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your FRGE investment
Now that you own some FRGE stock, you'll want to keep up with your new investment.
Make a watchlist to see the latest developments about your FRGE stock.
FRGE Feed
How to Buy Stock in Forge Global Holdings
To reiterate, here are the 6 steps for buying Forge Global Holdings stock:
- Figure out where to buy Forge Global Holdings stock
- Sign up for your brokerage account
- Put funds into your investment account
- Analyze Forge Global Holdings stock
- Place your FRGE buy order
- Get the latest scoop on your FRGE investment
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Forge Global Holdings, create a watchlist today.
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