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How to buy Forum Merger stock in Canada | $7.4

Own Forum Merger shares in just a few minutes.

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Forum Merger III Corp is an auto manufacturers business based in the US. Forum Merger shares (ELMS) are listed on the NASDAQ and all prices are listed in US Dollars.

How to buy shares in Forum Merger

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – ELMS – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Is it a good time to buy Forum Merger stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Forum Merger stock price

Use our graph to track the performance of ELMS stocks over time.

Forum Merger shares at a glance

Information last updated 2021-10-15.
Latest market close$7.40
52-week range$6.43 - $15.30
50-day moving average $7.58
200-day moving average $9.12
Wall St. target price$16.29
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-573.89

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Note: The dollar amounts in the table below are in Canadian dollars.

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Forum Merger price performance over time

Historical closes compared with the close of $7.4 from 2021-10-20

1 week (2021-10-14) -2.50%
1 month (2021-09-22) -6.33%
3 months (2021-07-22) -19.04%
6 months (2021-04-21) -24.95%
1 year (2020-10-21) -24.10%
2 years (2019-10-18) N/A
3 years (2018-10-18) N/A
5 years (2016-10-18) N/A

Forum Merger financials

Gross profit TTM $0
Return on assets TTM 0%
Return on equity TTM 0%
Profit margin 0%
Book value $2.37
Market capitalisation $893 million

TTM: trailing 12 months

Shorting Forum Merger shares

There are currently 1.9 million Forum Merger shares held short by investors – that's known as Forum Merger's "short interest". This figure is 159.8% up from 733,651 last month.

There are a few different ways that this level of interest in shorting Forum Merger shares can be evaluated.

Forum Merger's "short interest ratio" (SIR)

Forum Merger's "short interest ratio" (SIR) is the quantity of Forum Merger shares currently shorted divided by the average quantity of Forum Merger shares traded daily (recently around 661738.19444444). Forum Merger's SIR currently stands at 2.88. In other words for every 100,000 Forum Merger shares traded daily on the market, roughly 2880 shares are currently held short.

However Forum Merger's short interest can also be evaluated against the total number of Forum Merger shares, or, against the total number of tradable Forum Merger shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Forum Merger's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Forum Merger shares in existence, roughly 20 shares are currently held short) or 0.0416% of the tradable shares (for every 100,000 tradable Forum Merger shares, roughly 42 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Forum Merger.

Forum Merger share dividends

We're not expecting Forum Merger to pay a dividend over the next 12 months.

Forum Merger overview

Electric Last Mile Solutions, Inc. , a commercial electric vehicle solutions company, focuses on designing, engineering, manufacturing, and customizing electric last mile delivery and utility vehicles. The company is headquartered in Troy, Michigan. .

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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