FRMO Co. (OTCMKTS:FRMO – Get Free Report) dropped 2.8% on Friday . The company traded as low as $9.11 and last traded at $9.19. Approximately 17,087 shares traded hands during mid-day trading, an increase of 7% from the average daily volume of 16,012 shares. The stock had previously closed at $9.45.
FRMO Stock Down 2.8 %
The business has a 50 day moving average price of $8.42 and a two-hundred day moving average price of $7.76.
FRMO Company Profile
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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