FBRX Stock Performance and Key Statistics

FBRX has a current P/E ratio of -9.12

The FBRX stock has a trailing twelve month price-to sales (P/S) ratio of 8742.46 while its price-to-book (P/B) value is 5.61.

FBRX's price-to-free-cashflow (P/FCF) ratio is -7.45, an indicator that is currently being trending upward.

Based on FBRX's recent bid, its distance from 20 days simple moving average is 34.97%. It is 73.82% apart from 50 days simple moving average, and it is 150.56% apart from 200 days simple moving average.

The 52-week high for FBRX is $31.27 which is -1.28% away from the current price level whereas the distance of that from the 52-week low of $4.90 stands at 498.57%.

The performance of FBRX stock was not encouraging with most of its significant price indicators in green. Forte Biosciences, Inc.(NASDAQ: FBRX) shares have moved downward -1.21% or - $0.36 in the latest trading session and have gained 29.15% year-to-date (YTD). The stock has gained nearly 54.69% over the past year. After moving 98.31% over the trailing 3-month period, the stock is 129.86% higher in the 6-month period. Looking at its performance over the shorter term, it'sgained 37.25% a week and 56.76% a month.

The current 14-day RSI for FBRX stock is 77.93. Investors and traders alike rely on the relative strength index, or RSI, as an oscillating indicator. In terms of values, the RSI operates within a range ranging from 0 to 100. A rising RSI line indicates strength in the shares. As the RSI line falls, the opposite occurs. It is possible to examine different time periods when using the RSI indicator. Shorter time frames can cause the RSI to be more volatile. Most traders pay close attention to the marks between 30 and 70 on the RSI scale. When the stock price moves over 70, it is often considered to be an indicator of overbought conditions. Dropping below 30 indicates oversold territory. These levels are often used by traders to forecast stock price reversals.

ATR stands for Average True Range, which may be useful when traders or investors are assessing technical inventory. Currently, Forte Biosciences, Inc. (FBRX) has a 14-day ATR of 2.55.

After closing at $29.69 with 12.53M of its shares outstanding, the current enterprise value of FBRX is roughly 14.24M.

Forte Biosciences, Inc. (NASDAQ: FBRX) is up 54.69% when it comes to the percentage price change over the past 52-weeks. The percentage price change came more than that of broader S&P 500 index that came at a rise of 10.56%. FBRX stock price is also up 29.15% on its value in year-to-date trading.

The number outstanding shares of FBRX is 12.53M, and of these 82.22% shares are freely available for trading. On average, FBRX stock has traded 298.04K shares per day for the past 10 days. A total of 194.02K shares changed hands during the last trading session with the average session volume of 119.2K shares.