FRMO Co. (OTCMKTS:FRMO – Get Free Report)’s share price traded down 1.2% on Friday . The company traded as low as $10.55 and last traded at $10.74. 10,363 shares changed hands 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 Trading Down 1.2 %
The company has a 50 day simple moving average of $9.33 and a 200 day simple moving average of $8.10.
About FRMO
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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