Forum Merger II Corporation (FMCI) Quarterly Performance is 67.39%: Here is the Surprise Factor

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At the end of the latest market close, Forum Merger II Corporation (FMCI) was valued at $26.18. In that particular session, Stock kicked-off at the price of $24.90 while reaching the peak value of $25.25 and lowest value recorded on the day was $22.52. The stock current value is $24.07.

Recently in News on October 15, 2020, Ittella International and Forum Merger II Corporation Complete Business Combination to Form Tattooed Chef, Inc.. Transaction Introduces Tattooed Chef as a Public Company on Nasdaq Under Symbol “TTCF”. You can read further details here

Forum Merger II Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $28.64 on 09/18/20, with the lowest value was $9.76 for the same time period, recorded on 03/12/20.

Forum Merger II Corporation (FMCI) full year performance was 139.03%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Forum Merger II Corporation shares are logging -15.96% during the 52-week period from high price, and 146.62% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $9.76 and $28.64.

The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 2888192 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Forum Merger II Corporation (FMCI) recorded performance in the market was 135.75%, having the revenues showcasing 67.39% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 497.06M.

Analysts verdict on Forum Merger II Corporation (FMCI)

During the last month, 0 analysts gave the Forum Merger II Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on, the moving average of the company in the 100-day period was set at 17.98, with a change in the price was noted +13.32. In a similar fashion, Forum Merger II Corporation posted a movement of +123.91% for the period of last 100 days, recording 2,320,149 in trading volumes.

Forum Merger II Corporation (FMCI): Technical Analysis

Raw Stochastic average of Forum Merger II Corporation in the period of last 50 days is set at 69.59%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 63.64%. In the last 20 days, the company’s Stochastic %K was 72.24% and its Stochastic %D was recorded 71.02%.

Let’s take a glance in the erstwhile performances of Forum Merger II Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 135.75%. Additionally, trading for the stock in the period of the last six months notably improved by 132.56%, alongside a boost of 139.03% for the period of the last 12 months. The shares increased approximately by -1.23% in the 7-day charts and went up by -5.05% in the period of the last 30 days. Common stock shares were driven by 67.39% during last recorded quarter.