FRMO (OTCMKTS:FRMO) Shares Down 1.2% – Time to Sell?

FRMO Co. (OTCMKTS:FRMOGet Free Report)’s stock price traded down 1.2% during mid-day trading on Friday . The stock traded as low as $10.55 and last traded at $10.74. 10,363 shares were traded during mid-day trading, a decline of 40% from the average session volume of 17,156 shares. The stock had previously closed at $10.88.

FRMO Price Performance

The stock has a 50-day moving average price of $9.33 and a 200-day moving average price of $8.11.

About FRMO

(Get Free Report)

FRMO Corporation, through Horizon Kinetics, LLC, operates as an investment advisory and independent research company. The company provides in-depth analysis of information-poor, under-researched companies, and strategies to identify the complex situations primarily to institutional investors. FRMO Corporation was incorporated in 1993 and is based in White Plains, New York.

Featured Stories

Receive News & Ratings for FRMO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FRMO and related companies with MarketBeat.com's FREE daily email newsletter.