Shares of Formidable ETF (NYSEARCA:FORH – Get Free Report) were down 0.4% during mid-day trading on Thursday . The company traded as low as $24.98 and last traded at $24.98. Approximately 12 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 691 shares. The stock had previously closed at $25.08.
Formidable ETF Trading Up 0.1%
The company’s 50 day moving average is $24.50 and its 200-day moving average is $24.78. The firm has a market capitalization of $20 million, a price-to-earnings ratio of 17.10 and a beta of 0.55.
Formidable ETF Company Profile
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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