Forian Inc. is a technology solutions company. The Company provides a suite of data management capabilities and data and analytics to optimize and measure operational, clinical, and financial performance for customers within the traditional and emerging life sciences, healthcare payer and provider segments. Its operations consist of providing analytic and information services to the healthcare and related industries, which are all subscription and services-based solutions. Its offerings include commercial, Real World Evidence (RWE) and market access solutions and data-driven insights to optimize the operational, clinical and financial performance of its customers. The Company provides its information solutions both as an enabling technology to consultants and service providers serving the healthcare and life sciences industries, as well as to end users in the healthcare and life sciences industries. It also offers machine learning applications for the financial services community.
Growing
The company is in a growing phase, with the latest annual income totaling USD 20.15M.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
Undervalued
The company’s latest PE is -76.23, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 3.96M shares, decreasing 17.77% quarter-over-quarter.
Held by James Simons
Star Investor James Simons holds 34.20K shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 2.36.