Forum Markets (NASDAQ:FRMM) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Forum Markets (NASDAQ:FRMM) from a sell rating to a hold rating in a research report sent to investors on Sunday.

A number of other equities analysts also recently issued reports on the company. Benchmark began coverage on Forum Markets in a research report on Tuesday, April 7th. They set a “speculative buy” rating and a $5.00 price target on the stock. Weiss Ratings began coverage on Forum Markets in a research report on Thursday, April 2nd. They set a “sell (e+)” rating on the stock. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, Forum Markets has an average rating of “Hold” and an average price target of $5.00.

Forum Markets Stock Performance

Shares of NASDAQ FRMM opened at $2.11 on Friday. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.11. Forum Markets has a twelve month low of $1.76 and a twelve month high of $174.60.

Forum Markets (NASDAQ:FRMM) last announced its earnings results on Tuesday, March 31st. The company reported ($12.14) earnings per share (EPS) for the quarter. The business had revenue of $2.44 million during the quarter.

About Forum Markets

Forum Markets Inc is a digital asset platform modernizing capital markets through the tokenization of institutional-grade real-world assets on Ethereum. The company structures cash-generating assets on blockchain-based infrastructure to facilitate liquidity, investor access, and primary and secondary market activity. It combines traditional asset management practices with digital market infrastructure to support the origination, distribution, and trading of real-world assets.