Formidable ETF (NYSEARCA:FORH) Shares Up 0.4% – Here’s Why

Formidable ETF (NYSEARCA:FORHGet Free Report) was up 0.4% on Thursday . The company traded as high as $24.68 and last traded at $24.68. Approximately 25 shares changed hands during trading, a decline of 96% from the average session volume of 667 shares. The stock had previously closed at $24.58.

Formidable ETF Stock Performance

The firm has a market capitalization of $19.74 million, a price-to-earnings ratio of 17.10 and a beta of 0.54. The business has a fifty day moving average of $25.00 and a two-hundred day moving average of $24.94.

Formidable ETF Company Profile

(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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