Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price gain of 3.14% this year. Over the last six months, there has been a weaker performance of 68.19%. The price of FTNT fallen by 2.74% during the last 30 days period. For the last 5-days stocks have improved 4.72%.
Fortinet Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $101.00 on 01/06/25 and the lowest value was $54.57 on 08/05/24.
52-week price history of FTNT Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Fortinet Inc’s current trading price is -3.51% away from its 52-week high, while its distance from the 52-week low is 78.58%. The stock’s price range during this period has varied between$54.57 and $101.00. The Fortinet Inc’s shares, which operate in the Technology, saw a trading volume of around 3.7 million for the day, a figure considerably lower than their average daily volume of 4.6 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Fortinet Inc (FTNT) has experienced a quarterly rise of 18.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 74.69B and boasts a workforce of 13568 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 87.07, with a change in price of +21.84. Similarly, Fortinet Inc recorded 4,443,400 in trading volume during the last 100 days, posting a change of +28.89%.
FTNT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for FTNT stands at 1.09. Similarly, the long-term debt-to-equity ratio is also 1.09.
FTNT Stock Stochastic Average
Fortinet Inc’s raw stochastic average for the past 50 days is presently 78.79%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 65.20%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 66.96% and 55.58%, respectively.
