Formidable Fortress ETF (NYSEARCA:KONG) Stock Price Up 0.6% – Time to Buy?

Formidable Fortress ETF (NYSEARCA:KONGGet Free Report) shares rose 0.6% on Tuesday . The stock traded as high as $29.63 and last traded at $29.63. Approximately 67 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 2,594 shares. The stock had previously closed at $29.45.

Formidable Fortress ETF Stock Performance

The company has a fifty day simple moving average of $29.05 and a two-hundred day simple moving average of $27.80. The company has a market capitalization of $29.72 million, a price-to-earnings ratio of 25.60 and a beta of 0.56.

Formidable Fortress ETF Company Profile

(Get Free Report)

The Formidable Fortress ETF (KONG) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide long-term capital appreciation by actively selecting a narrow basket of large- and mid-cap stocks from around the world. KONG was launched on Jul 22, 2021 and is managed by Formidable.

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