Forum Markets (NASDAQ:FRMM) Stock Rating Upgraded by Wall Street Zen

Forum Markets (NASDAQ:FRMM) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Sunday.

A number of other brokerages have also commented on FRMM. Benchmark started coverage on Forum Markets in a report on Tuesday, April 7th. They set a “speculative buy” rating and a $5.00 price target on the stock. Weiss Ratings started coverage on Forum Markets in a report on Thursday, April 2nd. They set a “sell (e+)” rating on the stock. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $5.00.

Forum Markets Price Performance

Shares of FRMM opened at $1.79 on Friday. The firm has a market cap of $36.36 million, a PE ratio of -0.05 and a beta of 1.01. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.11. Forum Markets has a one year low of $1.76 and a one year high of $174.60.

Forum Markets (NASDAQ:FRMM) last issued its quarterly earnings results on Tuesday, March 31st. The company reported ($12.14) EPS for the quarter. The firm had revenue of $2.44 million during the quarter.

About Forum Markets

Forum Markets Inc is a digital asset platform modernizing capital markets through the tokenization of institutional-grade real-world assets on Ethereum. The company structures cash-generating assets on blockchain-based infrastructure to facilitate liquidity, investor access, and primary and secondary market activity. It combines traditional asset management practices with digital market infrastructure to support the origination, distribution, and trading of real-world assets.