At the end of the latest market close, ForgeRock Inc. (FORG) was valued at $14.32. In that particular session, Stock kicked-off at the price of $13.36 while reaching the peak value of $17.07 and lowest value recorded on the day was $12.80. The stock current value is $16.52.Recently in News on May 11, 2022, ForgeRock Announces First Quarter 2022 Financial Results. ARR grew 35% year-over-year to $193.2 million. You can read further details here
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, ForgeRock Inc. shares are logging -66.20% during the 52-week period from high price, and 38.39% 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 $11.94 and $48.88.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 724865 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 ForgeRock Inc. (FORG) recorded performance in the market was -38.10%, having the revenues showcasing 6.79% 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 1.50B, as it employees total of 786 workers.
Market experts do have their say about ForgeRock Inc. (FORG)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 18.70, with a change in the price was noted -8.76. In a similar fashion, ForgeRock Inc. posted a movement of -34.65% for the period of last 100 days, recording 546,970 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for FORG is recording 0.12 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.12.
Technical breakdown of ForgeRock Inc. (FORG)
Raw Stochastic average of ForgeRock Inc. in the period of last 50 days is set at 35.39%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 36.29%. In the last 20 days, the company’s Stochastic %K was 17.60% and its Stochastic %D was recorded 11.51%.
Bearing in mind the latest performance of ForgeRock Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -38.10%. The shares increased approximately by -13.96% in the 7-day charts and went up by -24.29% in the period of the last 30 days. Common stock shares were driven by 6.79% during last recorded quarter.