Forrester Research, Inc. (NASDAQ:FORR – Get Free Report) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 561,800 shares, an increase of 103.3% from the June 30th total of 276,300 shares. Approximately 4.9% of the shares of the company are short sold. Based on an average daily trading volume, of 123,700 shares, the short-interest ratio is currently 4.5 days.
Forrester Research Price Performance
NASDAQ FORR traded up $0.11 during trading hours on Friday, hitting $19.25. The company had a trading volume of 53,968 shares, compared to its average volume of 116,648. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.91 and a current ratio of 0.91. The firm has a market capitalization of $367.87 million, a price-to-earnings ratio of 641.67, a PEG ratio of 1.37 and a beta of 0.91. Forrester Research has a 52 week low of $16.14 and a 52 week high of $32.78. The firm has a 50 day simple moving average of $17.56 and a 200 day simple moving average of $19.91.
Forrester Research (NASDAQ:FORR – Get Free Report) last released its quarterly earnings data on Tuesday, April 30th. The technology company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.12). The firm had revenue of $100.08 million during the quarter, compared to the consensus estimate of $104.21 million. Forrester Research had a net margin of 0.10% and a return on equity of 9.30%. Equities research analysts expect that Forrester Research will post 1.04 earnings per share for the current year.
Hedge Funds Weigh In On Forrester Research
Wall Street Analyst Weigh In
Separately, StockNews.com cut shares of Forrester Research from a “buy” rating to a “hold” rating in a report on Wednesday, July 17th.
Get Our Latest Analysis on Forrester Research
About Forrester Research
Forrester Research, Inc operates as an independent research and advisory company in the United States and internationally. The company operates in three segments: Research, Consulting, and Events. The Research segment primary subscription research services include Forrester Decisions, Forrester Research, and SiriusDecisions Research, which are designed to provide business and technology leaders with a proven path to growth through customer obsession.
Featured Articles
- Five stocks we like better than Forrester Research
- How to Invest in the Best Canadian Stocks
- Is Crypto Cool Again? What Stocks You Should Be Watching
- Health Care Stocks Explained: Why You Might Want to Invest
- Why Call Options Volume for These 2 Stocks Spiked Together
- Russell 2000 Index, How Investors Use it For Profitable Trading
- MarketBeat Week in Review – 7/22 – 7/26
Receive News & Ratings for Forrester Research Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forrester Research and related companies with MarketBeat.com's FREE daily email newsletter.