A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price gain of 5.00% this year. Over the last six months, there has been a weaker performance of 19.71%. The price of FTNT fallen by 2.62% during the last 30 days period. For the last 5-days stocks have improved 12.54%.
Fortinet Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $114.82 on 02/18/25, while the lowest value for the same period was recorded at $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 -13.60% away from its 52-week high, while its distance from the 52-week low is 81.78%. 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 3.45 million for the day, a figure considerably lower than their average daily volume of 5.14 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Fortinet Inc (FTNT) has experienced a quarterly rise of 7.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 76.28B 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 99.00, with a change in price of +7.32. Similarly, Fortinet Inc recorded 4,777,136 in trading volume during the last 100 days, posting a change of +7.97%.
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
As of today, Fortinet Inc’s raw stochastic average for the last 50 days stands at 52.84%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 84.79%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 78.62% and 77.17%, respectively.
