FRMO (OTCMKTS:FRMO) Trading Down 1.6%

Shares of FRMO Co. (OTCMKTS:FRMOGet Rating) were down 1.6% during mid-day trading on Tuesday . The stock traded as low as $8.82 and last traded at $9.20. Approximately 12,659 shares were traded during trading, an increase of 156% from the average daily volume of 4,944 shares. The stock had previously closed at $9.35.

The business’s fifty day moving average is $10.48 and its 200 day moving average is $11.12.

FRMO Company Profile (OTCMKTS:FRMO)

FRMO Corporation, through its 4.95% interest in Horizon Kinetics, LLC, operates as an investment advisory and independent research company. It provides in-depth analysis of information-poor, under-researched companies, and strategies to identify the complex situations primarily to institutional investors.

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