Formidable ETF (NYSEARCA:FORH – Get Free Report)’s stock price rose 0.2% on Wednesday . The company traded as high as $25.01 and last traded at $25.01. Approximately 2,620 shares changed hands during mid-day trading, an increase of 288% from the average daily volume of 676 shares. The stock had previously closed at $24.96.
Formidable ETF Price Performance
The stock has a market capitalization of $20.01 million, a price-to-earnings ratio of 17.10 and a beta of 0.55. The firm has a 50 day simple moving average of $24.83 and a 200-day simple moving average of $24.90.
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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