Formidable ETF (NYSEARCA:FORH) Trading Down 1.3% – Time to Sell?

Formidable ETF (NYSEARCA:FORHGet Free Report) shares fell 1.3% on Thursday . The company traded as low as $24.45 and last traded at $24.45. 14 shares traded hands during trading, a decline of 99% from the average session volume of 967 shares. The stock had previously closed at $24.78.

Formidable ETF Stock Performance

The business’s fifty day simple moving average is $24.96 and its 200 day simple moving average is $24.70. The stock has a market cap of $20.05 million, a price-to-earnings ratio of 17.10 and a beta of 0.56.

Formidable ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were paid a $0.4394 dividend. The ex-dividend date was Wednesday, December 24th. This represents a dividend yield of 176.0%.

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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