FRMO Co. (OTCMKTS:FRMO – Get Free Report)’s stock price traded down 2.8% during trading on Friday . The company traded as low as $9.11 and last traded at $9.19. 17,087 shares were traded during mid-day trading, an increase of 7% from the average session volume of 16,012 shares. The stock had previously closed at $9.45.
FRMO Stock Performance
The company’s 50 day simple moving average is $8.42 and its two-hundred day simple moving average is $7.77.
FRMO Company Profile
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.
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