FRMO (OTCMKTS:FRMO) Shares Down 6% – Here’s What Happened

FRMO Co. (OTCMKTS:FRMOGet Free Report)’s share price fell 6% during trading on Monday . The stock traded as low as $9.86 and last traded at $9.87. 22,313 shares were traded during trading, an increase of 54% from the average session volume of 14,495 shares. The stock had previously closed at $10.50.

FRMO Trading Down 6.0 %

The company has a fifty day moving average of $10.31 and a two-hundred day moving average of $8.83.

FRMO Company Profile

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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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