Formidable ETF (NYSEARCA:FORH – Get Free Report)’s stock price was down 0.6% during trading on Tuesday . The stock traded as low as $21.32 and last traded at $21.46. Approximately 4,000 shares changed hands during trading, an increase of 143% from the average daily volume of 1,648 shares. The stock had previously closed at $21.60.
Formidable ETF Stock Performance
The company has a market cap of $25.32 million, a price-to-earnings ratio of 14.51 and a beta of 0.64. The stock’s fifty day moving average is $21.57 and its two-hundred day moving average is $22.33.
Formidable ETF Company Profile
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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