Formidable ETF (NYSEARCA:FORH – Get Free Report)’s share price dropped 0.3% during trading on Friday . The company traded as low as $21.05 and last traded at $21.16. Approximately 274 shares traded hands during trading, a decline of 90% from the average daily volume of 2,646 shares. The stock had previously closed at $21.23.
Formidable ETF Trading Down 0.3 %
The stock’s 50 day moving average price is $22.37 and its 200 day moving average price is $22.51. The company has a market capitalization of $24.97 million, a price-to-earnings ratio of 14.51 and a beta of 0.64.
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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