Formidable ETF (NYSEARCA:FORH) Stock Price Up 0.5% – Should You Buy?

Shares of Formidable ETF (NYSEARCA:FORHGet Free Report) were up 0.5% during trading on Friday . The stock traded as high as $21.94 and last traded at $21.94. Approximately 4,362 shares traded hands during trading, an increase of 104% from the average daily volume of 2,133 shares. The stock had previously closed at $21.84.

Formidable ETF Price Performance

The stock has a market cap of $20.29 million, a P/E ratio of 15.70 and a beta of 0.53. The stock’s 50 day simple moving average is $20.81 and its two-hundred day simple moving average is $21.51.

About Formidable ETF

(Get Free Report)

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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