For the readers interested in the stock health of Forest Road Acquisition Corp. (FRX). It is currently valued at $11.43. When the transactions were called off in the previous session, Stock hit the highs of $11.15, after setting-off with the price of $11.00. Company’s stock value dipped to $10.70 during the trading on the day. When the trading was stopped its value was $11.15.
Recently in News on February 13, 2021, SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Forest Road Acquisition Corp. – FRX. Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Forest Road Acquisition Corp. (“FRX” or the “Company”) (FRX) relating to its proposed merger with The Beachbody Company Group, LLC. Under the terms of the agreement, FRX will acquire Beachbody through a reverse merger, with Beachbody emerging as a publicly traded company. You can read further details here
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .
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, Forest Road Acquisition Corp. shares are logging -8.23% during the 52-week period from high price, and 11.46% 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 $10.25 and $12.45.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 2316937 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 Forest Road Acquisition Corp. (FRX) recorded performance in the market was 6.49%. At the time of this writing, the total market value of the company is set at 334.50M.
Forest Road Acquisition Corp. (FRX) in the eye of market guru’s
Forest Road Acquisition Corp. (FRX): Stocks Technical analysis and Trends
In the last 20 days, the company’s Stochastic %K was 42.73% and its Stochastic %D was recorded 0.00%.
If we look into the earlier routines of Forest Road Acquisition Corp., 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 6.49%. The shares 3.62% in the 7-day charts and went down by 6.49% in the period of the last 30 days.