Formidable ETF (NYSEARCA:FORH) Trading 0.1% Higher – Time to Buy?

Formidable ETF (NYSEARCA:FORHGet Free Report)’s share price rose 0.1% during trading on Thursday . The stock traded as high as $20.52 and last traded at $20.45. Approximately 4,800 shares changed hands during trading, an increase of 128% from the average daily volume of 2,110 shares. The stock had previously closed at $20.42.

Formidable ETF Trading Up 0.1 %

The firm has a fifty day moving average of $20.87 and a 200 day moving average of $21.77. The company has a market capitalization of $18.92 million, a P/E ratio of 15.41 and a beta of 0.53.

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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