The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 15.81%.However, over the last six months, we can see a weaker performance of 46.42%. Over the last 30 days, the price of FTNT has fallen by 13.07%. And in the last five days, it has fallen by -4.50%.
Fortinet Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $114.82 on 02/18/25 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 -4.70% away from its 52-week high, while its distance from the 52-week low is 100.51%. The stock’s price range during this period has varied between$54.57 and $114.82. The Fortinet Inc’s shares, which operate in the Technology, saw a trading volume of around 0.84 million for the day, a figure considerably lower than their average daily volume of 4.37 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Fortinet Inc (FTNT) has experienced a quarterly rise of 16.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 84.14B and boasts a workforce of 14138 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 93.95, with a change in price of +32.99. Similarly, Fortinet Inc recorded 4,519,869 in trading volume during the last 100 days, posting a change of +43.13%.
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 0.72. Similarly, the long-term debt-to-equity ratio is also 0.70.
FTNT Stock Stochastic Average
Fortinet Inc’s raw stochastic average for the past 50 days is presently 77.77%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 68.02%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 67.79% and 73.31%, respectively.
