Forian Inc share price today

(FORA)

Forian Inc share price is $2.01 & ₹170.23 as on 7 Dec 2024, 2.30 'hrs' IST

$2.01

▲

-0.02

(-0.99%)

Market is closed - opens 8 PM, 09 Dec 2024

View live Forian Inc share price in Dollar and Rupees. Guide to invest in Forian Inc from India. Also see the sentimental analysis on Indian investors investing in Forian Inc. Get details on the Indian mutual funds that are investing in Forian Inc. Get Analyst recommendations and forecasts along with all the Forian Inc's financials.

Forian Inc share price movements

$1.99
$2.04
$2.01
1.0%
Downside
Day's Volatility :2.56%
Upside
1.58%
$1.97
$4.15
$2.01
1.99%
Downside
52 Weeks Volatility :52.53%
Upside
51.57%

Forian Inc Returns

Period	Forian Inc	Sector (Health Care)	Index (Russel 2000)
3 Months	-12.31%	-5.7%	0.0%
6 Months	-23.4%	-0.9%	0.0%
1 Year	-16.29%	10.0%	0.0%
3 Years	-77.04%	9.3%	-21.5%

Forian Inc Key Statistics

in dollars & INR

Previous Close	$2.03
Open	$2.0423
Today's High	$2.0423
Today's Low	$1.99
Market Capitalization	$62.3M
Today's Volume	$25.8K
52 Week High	$4.15
52 Week Low	$1.97
Revenue TTM	$20.4M
EBITDA	$-5.7M
Earnings Per Share (EPS)	$-0.15
Profit Margin	9.65%
Quarterly Earnings Growth YOY	0.0%
Return On Equity TTM	5.63%

How to invest in Forian Inc from India?

It is very easy for Indian residents to invest directly in Forian Inc from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Forian Inc stock in both rupees (INR) and dollars (USD). Search for Forian Inc or FORA on INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Forian Inc or Rupee/ Dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Forian Inc shares which would translate to 0.421 fractional shares of Forian Inc as of today. Learn more about fractional investing here.

Indians via INDmoney can now also, easily transfer and add their money to the US stocks account via INDmoney App. Click here for step by step process for the same

Indian investors sentiment towards Forian Inc

Period: Sep 7, 2024 to Dec 6, 2024. Change in 30 Days versus previous period

Search volume for Forian Inc on INDmoney from India has grown in the last 30 days as on Dec 7, 2024. 0% more investors are searching Forian Inc in the last 30 days versus the previous period.

Global Institutional Holdings in Forian Inc

Oracle Investment Management Inc
4.37%
Staley Capital Advisers Inc
3.55%
Vanguard Group Inc
2.50%
Canton Hathaway, LLC
0.87%
Geode Capital Management, LLC
0.55%
Caprock Group Inc
0.28%

Analyst Recommendation on Forian Inc

Buy

85%Buy

14%Hold

0%Sell

Based on 7 Wall street analysts offering stock ratings for Forian Inc(by analysts ranked 0 to 5 stars)

Based on 7 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Forian Inc

What analysts predicted

Upside of 148.76%

Current:

$2.01

Target:

$5.00

Insights on Forian Inc

Decreasing Revenue
Revenue is down for the last 4 quarters, 5.36M → 4.68M (in $), with an average decrease of 4.4% per quarter
Increasing Net Profit
Netprofit is up for the last 2 quarters, -2.55M → -204.90K (in $), with an average increase of 1146.1% per quarter
Vs DOCS
In the last 1 year, Doximity, Inc. has given 129.3% return, outperforming this stock by 145.8%
Vs HQY
In the last 3 years, Forian Inc has experienced a drawdown of -75.7%, however Healthequity Inc resisted the overall trend and outperformed by 65.1%

Forian Inc Financials in INR & Dollars

	FY20	Y/Y Change
Revenue	$544.9K	-
Net Income	$-5.0M	↑ 286.13%
Net Profit Margin	-913.36%	-

	FY21	Y/Y Change
Revenue	$16.9M	↑ 2997.93%
Net Income	$-26.6M	↑ 433.52%
Net Profit Margin	-157.3%	↑ 756.06%

	FY22	Y/Y Change
Revenue	$28.0M	↑ 65.91%
Net Income	$-26.0M	↓ 2.18%
Net Profit Margin	-92.74%	↑ 64.56%

	FY23	Y/Y Change
Revenue	$20.5M	↓ 26.87%
Net Income	$11.1M	↓ 142.76%
Net Profit Margin	54.23%	↑ 146.97%

	Q2 FY23	Q/Q Change
Revenue	$4.9M	↑ 0.48%
Net Income	$-1.1M	↓ 50.07%
Net Profit Margin	-22.95%	↑ 23.22%

	Q3 FY23	Q/Q Change
Revenue	$5.3M	↑ 9.3%
Net Income	$4.3M	↓ 486.71%
Net Profit Margin	81.18%	↑ 104.13%

	Q4 FY23	Q/Q Change
Revenue	$5.4M	↑ 0.38%
Net Income	$1.4M	↓ 68.01%
Net Profit Margin	25.87%	↓ 55.31%

	Q1 FY24	Q/Q Change
Revenue	$4.9M	↓ 9.16%
Net Income	$-1.2M	↓ 187.3%
Net Profit Margin	-24.86%	↓ 50.73%

	Q2 FY24	Q/Q Change
Revenue	$4.8M	↓ 2.06%
Net Income	$-2.6M	↑ 110.56%
Net Profit Margin	-53.45%	↓ 28.59%

	Q3 FY24	Q/Q Change
Revenue	$4.7M	↓ 1.9%
Net Income	$-204.9K	↓ 91.97%
Net Profit Margin	-4.37%	↑ 49.08%

	FY19	Y/Y Change
Total Assets	$179.0K	-
Total Liabilities	$460.1K	-

	FY20	Y/Y Change
Total Assets	$12.6M	↑ 6911.84%
Total Liabilities	$1.3M	↑ 179.79%

	FY21	Y/Y Change
Total Assets	$56.8M	↑ 352.77%
Total Liabilities	$31.7M	↑ 2360.41%

	FY22	Y/Y Change
Total Assets	$46.3M	↓ 18.62%
Total Liabilities	$33.8M	↑ 6.83%

	FY23	Y/Y Change
Total Assets	$58.9M	↑ 27.3%
Total Liabilities	$32.7M	↓ 3.33%

	Q2 FY23	Q/Q Change
Total Assets	$55.3M	↓ 0.51%
Total Liabilities	$34.6M	↓ 1.9%

	Q3 FY23	Q/Q Change
Total Assets	$58.8M	↑ 6.22%
Total Liabilities	$32.1M	↓ 7.03%

	Q4 FY23	Q/Q Change
Total Assets	$59.4M	↑ 0.99%
Total Liabilities	$33.2M	↑ 3.33%

	Q1 FY24	Q/Q Change
Total Assets	$57.5M	↓ 3.17%
Total Liabilities	$31.0M	↓ 6.77%

	Q2 FY24	Q/Q Change
Total Assets	$58.4M	↑ 1.52%
Total Liabilities	$32.7M	↑ 5.77%

	Q3 FY24	Q/Q Change
Total Assets	$57.5M	↓ 1.47%
Total Liabilities	$30.6M	↓ 6.47%

	FY19	Y/Y Change
Operating Cash Flow	$-1.0M	-
Investing Cash Flow	$-227.2K	-
Financing Cash Flow	$1.2M	-

	FY20	Y/Y Change
Operating Cash Flow	$-4.3M	↑ 311.74%
Investing Cash Flow	$-11.4M	↑ 4918.69%
Financing Cash Flow	$16.3M	↑ 1277.67%

	FY21	Y/Y Change
Operating Cash Flow	$-17.3M	↑ 305.99%
Investing Cash Flow	$-1.0M	↓ 91.01%
Financing Cash Flow	$36.3M	↑ 122.37%

	FY22	Y/Y Change
Operating Cash Flow	$-8.8M	↓ 49.15%
Investing Cash Flow	$-6.5M	↑ 530.25%
Financing Cash Flow	$-100.5K	↓ 100.28%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$-248.8K	↓ 79.75%
Investing Cash Flow	$2.3M	↓ 470.34%
Financing Cash Flow	$-32.8K	↓ 65.37%

Forian Inc Technicals Summary

Sell

Neutral

Buy

Forian Inc is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Forian Inc Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Forian Inc	0.0%	-23.4%	-16.29%	-77.04%	-91.14%
Solventum Corp	-7.33%	22.68%	0.68%	0.68%	0.68%
Doximity, Inc.	27.41%	87.14%	125.7%	-10.8%	4.38%
Veeva Systems Inc.	3.7%	25.23%	34.13%	-15.09%	61.38%
Ge Healthcare Technologies Inc.	-7.66%	7.63%	19.04%	34.84%	34.84%
Healthequity Inc	3.75%	15.99%	47.26%	130.71%	50.43%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Forian Inc	67.67	NA	0.86	0.08	0.06	-0.06	NA	0.85
Solventum Corp	NA	NA	NA	6.26	0.17	0.08	NA	NA
Doximity, Inc.	62.3	62.3	2.42	0.9	0.19	0.12	NA	5.15
Veeva Systems Inc.	63.3	63.3	1.37	4.76	0.13	0.06	NA	32.04
Ge Healthcare Technologies Inc.	22.74	22.74	8.96	4.28	0.22	0.06	0.0	18.2
Healthequity Inc	84.43	84.43	1.1	2.19	0.05	0.03	NA	24.7

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Forian Inc	Buy	$62.3M	-91.14%	67.67	9.65%
Solventum Corp	Hold	$10.8B	0.68%	NA	15.73%
Doximity, Inc.	Hold	$10.1B	4.38%	62.3	33.69%
Veeva Systems Inc.	Buy	$38.5B	61.38%	63.3	23.91%
Ge Healthcare Technologies Inc.	Buy	$37.9B	34.84%	22.74	8.56%
Healthequity Inc	Buy	$9.0B	50.43%	84.43	9.61%

About Forian Inc

forian provides a unique suite of saas solutions, data management capabilities and proprietary data and analytics to optimize and measure operational, clinical and financial performance for customers within the traditional and emerging life sciences, healthcare payer and provider segments, as well as cannabis dispensaries, manufacturers, cultivators and regulators.

Organization	Forian Inc
Employees	36
CEO	Mr. Max C. Wygod
Industry	Technology

Management People of Forian Inc

Name	Title
Mr. Max C. Wygod	Co-Founder, CEO, President & Executive Chairman of the Board
Mr. Edward Francis Spaniel Jr.	Executive VP, General Counsel & Secretary
Mr. Adam H. Dublin	Co-Founder, Chief Strategy Officer & Director
Mr. Jason Holden	Vice President of Corporate Development
Paul Reuscher	Chief Commercial Officer

Important FAQs about investing in Forian Inc from India :

What is Forian Inc share price today?

Forian Inc (FORA) share price today is $2.01.

Can Indians buy Forian Inc shares?

Yes, Indians can invest in the Forian Inc (FORA) from India.

With INDmoney, you can buy Forian Inc at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Forian Inc at zero transaction cost.

How can I buy Forian Inc shares from India?

It is very easy to buy Forian Inc from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Forian Inc be purchased?

Yes, you can buy fractional shares of Forian Inc with INDmoney app.

What are the documents required to start investing in Forian Inc stocks?

To start investing in Forian Inc, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.