Formidable ETF (NYSEARCA:FORH) Hits New 12-Month High – Should You Buy?

Shares of Formidable ETF (NYSEARCA:FORHGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $8,095,000.32 and last traded at $8,095,000.32, with a volume of 1 shares changing hands. The stock had previously closed at $25.09.

Formidable ETF Stock Performance

The business has a 50-day simple moving average of $25.41 and a two-hundred day simple moving average of $23.74. The company has a market capitalization of $6.88 trillion, a price-to-earnings ratio of 17.10 and a beta of 0.56.

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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