Formidable ETF (NYSEARCA:FORH – Get Free Report)’s stock price dropped 0.5% during trading on Wednesday . The company traded as low as $23.39 and last traded at $23.39. Approximately 101 shares traded hands during trading, a decline of 97% from the average daily volume of 3,298 shares. The stock had previously closed at $23.50.
Formidable ETF Stock Performance
The stock’s fifty day moving average price is $22.53 and its 200-day moving average price is $22.52. The company has a market capitalization of $27.59 million, a P/E ratio of 14.51 and a beta of 0.64.
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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