1 institutions hold shares in Forest Road Acquisition Corp. (FRX), with institutional investors hold 7.18% of the company’s shares. Institutions hold 7.18% of the Float.
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Forest Road Acquisition Corp. (NYSE: FRX) is -4.20% lower on its value in year-to-date trading and has touched a low of $9.72 and a high of $18.20 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FRX stock was last observed hovering at around $10.11 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $10.03, the stock is -6.52% and -11.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.73 million and changing -0.79% at the moment leaves the stock -10.58% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $11.52 and a 200-day simple moving average (SMA200) of $11.24.
The stock witnessed a -15.64% in the last 1 month, and is -2.72% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.59% over the week and 4.17% over the month.
Distance from 52-week low is 3.19% and -44.89% from its 52-week high.