Forest Road Acquisition Corp. (NYSE:FRX) went down by -0.20% from its latest closing price compared to the recent 1-year high of $18.20. The company’s stock price has collected -0.99% of loss 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?
Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Forest Road Acquisition Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
Today, the average trading volume of FRX was 2.77M shares.
FRX’s Market Performance
The volatility ratio for the week stands at 1.29% while the volatility levels for the past 30 days are set at 3.68% for Forest Road Acquisition Corp.. The simple moving average for the period of the last 20 days is -6.04% for FRX stocks with a simple moving average of -10.59% for the last 200 days.
FRX Trading at -11.11% 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 unable to rebound, for now settling with -45.00% of loss for the given period.
Volatility was left at 3.68%, however, over the last 30 days, the volatility rate increased by 1.29%, as shares sank -11.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.25% lower at present.
During the last 5 trading sessions, FRX fell by -0.99%, in comparison to the 20-day moving average, which settled at $10.59. In addition, Forest Road Acquisition Corp. saw -4.39% in overturn over a single year, with a tendency to cut further losses.