Forian Inc. (NASDAQ:FORA) Shares Purchased by Canton Hathaway LLC

Canton Hathaway LLC raised its holdings in Forian Inc. (NASDAQ:FORA) by 2.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 269,650 shares of the company’s stock after acquiring an additional 6,125 shares during the quarter. Canton Hathaway LLC owned 0.87% of Forian worth $582,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Caprock Group LLC acquired a new stake in Forian during the second quarter valued at approximately $230,000. Hedge funds and other institutional investors own 19.25% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Roth Mkm restated a “buy” rating and issued a $5.00 price target on shares of Forian in a research report on Thursday, November 14th.

Forian Stock Up 3.3 %

Shares of NASDAQ FORA opened at $2.16 on Monday. Forian Inc. has a 12 month low of $1.98 and a 12 month high of $4.15. The company has a market cap of $66.99 million, a price-to-earnings ratio of -24.00 and a beta of 1.09. The business has a fifty day simple moving average of $2.11 and a 200-day simple moving average of $2.41.

Forian Profile

Forian Inc provides a suite of data management capabilities, and information and analytics solutions to optimize and measure operational, clinical, and financial performance for customers in the healthcare and related industries. It develops commercial, real world evidence (RWE), and market access solutions and proprietary data-driven insights, as well as offers data management solutions.