Formidable ETF (NYSEARCA:FORH) Trading Up 1.5% – Time to Buy?

Formidable ETF (NYSEARCA:FORHGet Free Report) shares were up 1.5% during trading on Monday . The company traded as high as $24.93 and last traded at $24.93. Approximately 879 shares were traded during mid-day trading, an increase of 28% from the average daily volume of 688 shares. The stock had previously closed at $24.56.

Formidable ETF Stock Performance

The firm has a market capitalization of $20.64 million, a P/E ratio of 17.10 and a beta of 0.56. The company has a 50-day moving average price of $24.83 and a 200-day moving average price of $25.13.

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.

Further Reading

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