Forest Road Acquisition Corp. (NYSE:FRX) went up by 14.69% from its latest closing price compared to the recent 1-year high of $12.67. The company’s stock price has collected 17.08% of gains in the last five trading sessions. Press Release reported on 02/12/21 that SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Forest Road Acquisition Corp. – FRX
Is It Worth Investing in Forest Road Acquisition Corp. (NYSE :FRX) Right Now?
Today, the average trading volume of FRX was 2.32M shares.
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FRX’s Market Performance
The volatility ratio for the week stands at 11.24% while the volatility levels for the past 30 days are set at 5.66% for Forest Road Acquisition Corp.. The simple moving average for the period of the last 20 days is 28.74% for FRX stocks with a simple moving average of 29.40% for the last 200 days.
FRX Trading at 29.40% from the 50-Day Moving Average
After a stumble in the market that brought FRX to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 10.89% of gains for the given period.
Volatility was left at 5.66%, however, over the last 30 days, the volatility rate increased by 11.24%, as shares surge +32.80% for the moving average over the last 20 days.
During the last 5 trading sessions, FRX rose by +17.08%, in comparison to the 20-day moving average, which settled at $11.09. In addition, Forest Road Acquisition Corp. saw 34.19% in overturn over a single year, with a tendency to cut further gains.