Formidable ETF (NYSEARCA:FORH – Get Free Report)’s stock price shot up 0.4% during trading on Thursday . The company traded as high as $24.68 and last traded at $24.68. 25 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 667 shares. The stock had previously closed at $24.58.
Formidable ETF Price Performance
The company’s 50-day moving average price is $25.00 and its two-hundred day moving average price is $24.94. The company has a market capitalization of $19.74 million, a price-to-earnings ratio of 17.10 and a beta of 0.54.
About Formidable ETF
The Formidable ETF (FORH) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks long-term capital appreciation by actively managing a multi-strategy approach to providing alternative exposure, include tail hedge. FORH was launched on Apr 28, 2021 and is managed by Formidable.
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