FRMO (OTCMKTS:FRMO) Shares Up 0.5% – What’s Next?

FRMO Co. (OTCMKTS:FRMOGet Free Report)’s share price was up 0.5% on Monday . The company traded as high as $9.73 and last traded at $9.73. Approximately 4,043 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 12,691 shares. The stock had previously closed at $9.68.

FRMO Price Performance

The stock’s 50-day moving average is $10.04 and its two-hundred day moving average is $9.05.

About FRMO

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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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