Forian share price today

(FORA)

Forian share price is $2.05 & ₹174.66 as on 25 Dec 2024, 2.30 'hrs' IST

$2.05

▲

0.01

(0.49%)

Market is closed - opens 8 PM, 26 Dec 2024

View live Forian share price in Dollar and Rupees. Guide to invest in Forian from India. Also see the sentimental analysis on Indian investors investing in Forian. Get details on the Indian mutual funds that are investing in Forian. Get Analyst recommendations and forecasts along with all the Forian's financials.

Forian share price movements

Today's Low: $1.97
Today's High: $2.05
$2.05
3.9%
Downside
Day's Volatility :3.9%
Upside
0.0%
52 Weeks Low: $1.97
52 Weeks High: $4.15
$2.05
3.9%
Downside
52 Weeks Volatility :52.53%
Upside
50.6%

Forian Returns

Period	Forian Inc	Sector (Health Care)	Index (Russel 2000)
3 Months	-4.65%	-9.0%	0.0%
6 Months	-21.15%	-4.6%	0.0%
1 Year	-13.87%	3.0%	0.0%
3 Years	-76.41%	0.0%	-21.1%

Forian Key Statistics

in dollars & INR

Previous Close	$2.04
Open	$2.01
Today's High	$2.05
Today's Low	$1.97
Market Capitalization	$63.6M
Today's Volume	$43.2K
52 Week High	$4.15
52 Week Low	$1.97
Revenue TTM	$20.4M
EBITDA	$-5.7M
Earnings Per Share (EPS)	$-0.15
Profit Margin	9.65%
Quarterly Earnings Growth YOY	0.0%
Return On Equity TTM	5.63%

How to invest in Forian from India?

It is very easy for Indian residents to invest directly in Forian from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Forian stock in both Indian Rupees (INR) and US Dollars (USD). Search for Forian or FORA on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Forian or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Forian shares which would translate to 0.416 fractional shares of Forian as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Forian, in just a few clicks!

Returns in Forian for Indian investors in Rupees

Investment Value

₹1,00,000

Forian investment value today

Current value as on today

₹88,373

Returns

₹11,627

(-11.63%)

Returns from Forian Stock

₹13,866 (-13.87%)

Dollar Returns

₹2,239 (+2.24%)

Indian investors sentiment towards Forian

43%

Period: Sep 26, 2024 to Dec 25, 2024. Change in 30 Days versus previous period

Search volume for Forian on INDmoney from India has grown in the last 30 days as on Dec 26, 2024. 43% more investors are searching Forian in the last 30 days versus the previous period.

Global Institutional Holdings in Forian

Oracle Investment Management Inc
4.37%
Staley Capital Advisers Inc
3.55%
Vanguard Group Inc
2.50%
Canton Hathaway, LLC
0.87%
Geode Capital Management, LLC
0.55%
Caprock Group Inc
0.28%

Analyst Recommendation on Forian

Buy

85%Buy

14%Hold

0%Sell

Based on 7 Wall street analysts offering stock ratings for Forian(by analysts ranked 0 to 5 stars)

Based on 7 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Forian

What analysts predicted

Upside of 143.9%

Current:

$2.05

Target:

$5.00

Insights on Forian

Price Movement
In the last 3 years, FORA stock has moved down by -77.8%
Decreasing Revenue
Revenue is down for the last 4 quarters, 5.36M → 4.68M (in $), with an average decrease of 4.4% per quarter
Increasing Net Profit
Netprofit is up for the last 2 quarters, -2.55M → -204.90K (in $), with an average increase of 1146.1% per quarter
FORA vs DOCS (1 yr)
In the last 1 year, Doximity, Inc. has given 106.3% return, outperforming this stock by 124.0%
FORA vs DOCS (3 yr)
In the last 3 years, Doximity, Inc. has given 13.1% return, outperforming this stock by 90.9%
Price to Sales
ForFORA every $1 of sales, investors are willing to pay $3.2, whereas for Doximity, Inc., the investors are paying $21.0 for every $1 of sales.

Forian Financials in INR & Dollars

	FY20	Y/Y Change
Revenue	$544.9K	-
Net Income	$-5.0M	↑ 286.13%
Net Profit Margin	-913.36%	-

	FY21	Y/Y Change
Revenue	$16.9M	↑ 2997.93%
Net Income	$-26.6M	↑ 433.52%
Net Profit Margin	-157.3%	↑ 756.06%

	FY22	Y/Y Change
Revenue	$28.0M	↑ 65.91%
Net Income	$-26.0M	↓ 2.18%
Net Profit Margin	-92.74%	↑ 64.56%

	FY23	Y/Y Change
Revenue	$20.5M	↓ 26.87%
Net Income	$11.1M	↓ 142.76%
Net Profit Margin	54.23%	↑ 146.97%

	Q2 FY23	Q/Q Change
Revenue	$4.9M	↑ 0.48%
Net Income	$-1.1M	↓ 50.07%
Net Profit Margin	-22.95%	↑ 23.22%

	Q3 FY23	Q/Q Change
Revenue	$5.3M	↑ 9.3%
Net Income	$4.3M	↓ 486.71%
Net Profit Margin	81.18%	↑ 104.13%

	Q4 FY23	Q/Q Change
Revenue	$5.4M	↑ 0.38%
Net Income	$1.4M	↓ 68.01%
Net Profit Margin	25.87%	↓ 55.31%

	Q1 FY24	Q/Q Change
Revenue	$4.9M	↓ 9.16%
Net Income	$-1.2M	↓ 187.3%
Net Profit Margin	-24.86%	↓ 50.73%

	Q2 FY24	Q/Q Change
Revenue	$4.8M	↓ 2.06%
Net Income	$-2.6M	↑ 110.56%
Net Profit Margin	-53.45%	↓ 28.59%

	Q3 FY24	Q/Q Change
Revenue	$4.7M	↓ 1.9%
Net Income	$-204.9K	↓ 91.97%
Net Profit Margin	-4.37%	↑ 49.08%

	FY19	Y/Y Change
Profit	$-854.0	-

	FY20	Y/Y Change
Profit	$506.6K	↓ 59418.27%

	FY21	Y/Y Change
Profit	$12.2M	↑ 2300.92%

	FY22	Y/Y Change
Profit	$21.1M	↑ 73.74%

	FY23	Y/Y Change
Profit	$15.0M	↓ 29.0%

	Q2 FY23	Q/Q Change
Profit	$3.6M	↓ 0.04%

	Q3 FY23	Q/Q Change
Profit	$4.0M	↑ 10.2%

	Q4 FY23	Q/Q Change
Profit	$3.8M	↓ 5.34%

	Q1 FY24	Q/Q Change
Profit	$3.2M	↓ 16.12%

	Q2 FY24	Q/Q Change
Profit	$3.0M	↓ 6.16%

	Q3 FY24	Q/Q Change
Profit	$3.3M	↑ 10.55%

	FY19	Y/Y Change
Operating Cash Flow	$-1.0M	-
Investing Cash Flow	$-227.2K	-
Financing Cash Flow	$1.2M	-

	FY20	Y/Y Change
Operating Cash Flow	$-4.3M	↑ 311.74%
Investing Cash Flow	$-11.4M	↑ 4918.69%
Financing Cash Flow	$16.3M	↑ 1277.67%

	FY21	Y/Y Change
Operating Cash Flow	$-17.3M	↑ 305.99%
Investing Cash Flow	$-1.0M	↓ 91.01%
Financing Cash Flow	$36.3M	↑ 122.37%

	FY22	Y/Y Change
Operating Cash Flow	$-8.8M	↓ 49.15%
Investing Cash Flow	$-6.5M	↑ 530.25%
Financing Cash Flow	$-100.5K	↓ 100.28%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$-248.8K	↓ 79.75%
Investing Cash Flow	$2.3M	↓ 470.34%
Financing Cash Flow	$-32.8K	↓ 65.37%

Forian Technicals Summary

Sell

Neutral

Buy

Forian is currently in a neutral trading position according to technical analysis indicators.

Forian Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Forian Inc	-0.49%	-21.15%	-13.87%	-76.41%	-91.05%
Solventum Corp	-6.9%	29.67%	-3.68%	-3.68%	-3.68%
Doximity, Inc.	8.83%	109.38%	106.05%	11.27%	9.94%
Veeva Systems Inc.	-4.17%	17.43%	13.93%	-17.28%	54.3%
Ge Healthcare Technologies Inc.	-3.82%	0.69%	2.18%	31.2%	31.2%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Forian Inc	67.67	NA	0.94	0.08	0.06	-0.06	NA	0.85
Solventum Corp	NA	NA	NA	6.26	0.17	0.08	NA	NA
Doximity, Inc.	66.98	66.98	2.42	0.9	0.19	0.12	NA	5.15
Veeva Systems Inc.	53.82	53.82	1.25	4.76	0.13	0.06	NA	28.8
Ge Healthcare Technologies Inc.	21.74	21.74	8.57	4.28	0.22	0.06	0.0	18.2

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Forian Inc	Buy	$63.6M	-91.05%	67.67	9.65%
Solventum Corp	Hold	$10.8B	-3.68%	NA	15.73%
Doximity, Inc.	Hold	$10.9B	9.94%	66.98	33.69%
Veeva Systems Inc.	Buy	$35.3B	54.3%	53.82	23.91%
Ge Healthcare Technologies Inc.	Buy	$36.3B	31.2%	21.74	8.56%

About Forian

forian provides a unique suite of saas solutions, data management capabilities and proprietary data and analytics to optimize and measure operational, clinical and financial performance for customers within the traditional and emerging life sciences, healthcare payer and provider segments, as well as cannabis dispensaries, manufacturers, cultivators and regulators.

Organization	Forian
Employees	36
CEO	Mr. Max C. Wygod
Industry	Technology

Management People of Forian

Name	Title
Mr. Max C. Wygod	Co-Founder, CEO, President & Executive Chairman of the Board
Mr. Edward Francis Spaniel Jr.	Executive VP, General Counsel & Secretary
Mr. Adam H. Dublin	Co-Founder, Chief Strategy Officer & Director
Mr. Jason Holden	Vice President of Corporate Development
Paul Reuscher	Chief Commercial Officer

Important FAQs about investing in Forian from India :

What is Forian share price today?

Forian share price today stands at $2.05, Open: $2.01 ; Previous Close: $2.04 ; High: $2.05 ; Low: $1.97 ; 52 Week High: $4.15 ; 52 Week Low: $1.97. The stock opens at $2.01, after a previous close of $2.04. The stock reached a daily high of $2.05 and a low of $1.97, with a 52-week high of $4.15 and a 52-week low of $1.97.

Can Indians buy Forian shares?

Yes, Indians can invest in the Forian (FORA) from India.

With INDmoney, you can buy Forian at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Forian at zero transaction cost.

How can I buy Forian shares from India?

It is very easy to buy Forian from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Forian be purchased?

Yes, you can buy fractional shares of Forian with INDmoney app.

What are the documents required to start investing in Forian stocks?

To start investing in Forian, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.