Forza X1, Inc. (NASDAQ:FRZA – Get Free Report) Director Kevin Schuyler bought 90,668 shares of the company’s stock in a transaction that occurred on Tuesday, September 17th. The shares were acquired at an average cost of $0.30 per share, with a total value of $27,200.40. Following the transaction, the director now owns 100,000 shares in the company, valued at approximately $30,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Forza X1 Price Performance
FRZA opened at $0.32 on Friday. Forza X1, Inc. has a 52-week low of $0.17 and a 52-week high of $0.87. The company has a 50 day moving average of $0.28 and a two-hundred day moving average of $0.38. The company has a market cap of $4.97 million, a P/E ratio of -0.90 and a beta of 2.06. The company has a quick ratio of 14.16, a current ratio of 14.62 and a debt-to-equity ratio of 0.01.
Forza X1 (NASDAQ:FRZA – Get Free Report) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.07) earnings per share for the quarter.
About Forza X1
Forza X1, Inc focuses on designing, developing, and manufacturing electric boats in the United States. It intends to offer its products through a vertically integrated direct-to-consumer system. Forza X1, Inc was incorporated in 2021 and is headquartered in Fort Pierce, Florida.
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