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

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

FRMM has been the topic of a number of other research reports. Benchmark assumed coverage on Forum Markets in a research note on Tuesday, April 7th. They issued a “speculative buy” rating and a $5.00 price objective on the stock. Weiss Ratings assumed coverage on Forum Markets in a research note on Thursday, April 2nd. They issued a “sell (e+)” rating on the stock. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $5.00.

Forum Markets Stock Performance

FRMM stock opened at $1.96 on Friday. 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 1-year low of $1.89 and a 1-year high of $174.60. The company has a market capitalization of $39.81 million, a P/E ratio of -0.05 and a beta of 1.01.

Forum Markets (NASDAQ:FRMM) last released its quarterly earnings data on Tuesday, March 31st. The company reported ($12.14) earnings per share (EPS) for the quarter. The business 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.