Formidable ETF (NYSEARCA:FORH – Get Free Report) shot up 0.3% during mid-day trading on Thursday . The stock traded as high as $23.87 and last traded at $23.85. Approximately 2,011 shares changed hands during trading, an increase of 227% from the average daily volume of 615 shares. The stock had previously closed at $23.79.
Formidable ETF Stock Up 0.3%
The stock has a market capitalization of $19.08 million, a P/E ratio of 17.10 and a beta of 0.54. The firm’s 50 day simple moving average is $24.54 and its two-hundred day simple moving average is $24.81.
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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