FRMO Co. (OTCMKTS:FRMO – Get Free Report) fell 1.9% during mid-day trading on Friday . The stock traded as low as $8.28 and last traded at $8.32. 13,416 shares were traded during mid-day trading, an increase of 17% from the average session volume of 11,442 shares. The stock had previously closed at $8.48.
FRMO Stock Performance
The stock has a 50-day moving average of $8.43 and a 200-day moving average of $9.35.
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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