Forian Inc Stock Today
| FORA Stock | USD 3.59 0.83 30.07% |
PerformanceSolid
| Odds Of DistressBelow Average
|
Forian is trading at 3.59 as of the 17th of February 2025, a 30.07 percent increase since the beginning of the trading day. The stock's open price was 2.76. Forian has about a 33 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. The performance scores are derived for the period starting the 28th of February 2023 and ending today, the 17th of February 2025. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 3rd of March 2021 | Category Healthcare | Classification Health Care |
Forian Inc. provides software solutions, proprietary data driven insights, and predictive analytics to optimize the operational, clinical, and financial performance of its healthcare, cannabis, and government customers. In addition, the company offers security monitoring and web marketing services. The company has 31.02 M outstanding shares of which 85.89 K shares are currently shorted by private and institutional investors with about 4.25 trading days to cover. More on Forian Inc
Moving against Forian Stock
Forian Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President Science | Jeff Forringer | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Health Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Health Care Equipment & Supplies, Health Information Services, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt LevelsForian can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Forian's financial leverage. It provides some insight into what part of Forian's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Forian Inc (FORA) is traded on NASDAQ Exchange in USA. It is located in 41 University Drive, Newtown, PA, United States, 18940 and employs 36 people. Forian is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 111.35 M. Forian Inc conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 31.02 M outstanding shares of which 85.89 K shares are currently shorted by private and institutional investors with about 4.25 trading days to cover.
Forian Inc currently holds about 20.63 M in cash with 728.82 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.64.
Check Forian Probability Of Bankruptcy
Ownership AllocationForian holds a total of 31.02 Million outstanding shares. Forian Inc shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 65.13 percent of Forian Inc outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Forian Ownership Details
Forian Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Northern Trust Corp | 2024-09-30 | 35.2 K | |
| Renaissance Technologies Corp | 2024-09-30 | 23.7 K | |
| Citadel Advisors Llc | 2024-09-30 | 22.2 K | |
| Goldman Sachs Group Inc | 2024-09-30 | 17.3 K | |
| Dimensional Fund Advisors, Inc. | 2024-12-31 | 15.6 K | |
| Independent Advisor Alliance | 2024-12-31 | 15.2 K | |
| Virtu Financial Llc | 2024-12-31 | 14.3 K | |
| Ubs Group Ag | 2024-09-30 | 3.4 K | |
| Morgan Stanley - Brokerage Accounts | 2024-09-30 | 2.5 K | |
| Oracle Investment Management Inc | 2024-09-30 | 1.4 M | |
| Staley Capital Advisers Inc | 2024-12-31 | 1.1 M |
Forian Historical Income Statement
Forian Stock Against Markets
Forian Corporate Management
| David Terrell | BioTrack Officer | Profile | |
| Michael Vesey | Chief Officer | Profile | |
| Michael CPA | Chief Officer | Profile | |
| Paul Reuscher | Chief Officer | Profile | |
| Max Wygod | CoFounder Chairman | Profile | |
| Adam Dublin | Chief CoFounder | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forian Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forian. If investors know Forian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.15) | Revenue Per Share | Quarterly Revenue Growth (0.12) | Return On Assets | Return On Equity |
The market value of Forian Inc is measured differently than its book value, which is the value of Forian that is recorded on the company's balance sheet. Investors also form their own opinion of Forian's value that differs from its market value or its book value, called intrinsic value, which is Forian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forian's market value can be influenced by many factors that don't directly affect Forian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.