Fortinet Inc (NASDAQ:FTNT) currently has a daily average trading volume of 5.31M but it saw 4679708 shares traded in last market. With a market cap of 78.50B USD, the company’s current market price of $102.56 came falling about -0.65 while comparing to the previous closing price of $103.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $114.82 and as low as $54.57.
Taking a look at 20-day trading activity of Fortinet Inc (FTNT) gives us an average price of $101.72, while its current price level is -10.68% below from 52-week high level whereas it is 87.94% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $98.69 while that of 200 days or SMA-200 reads an average of $90.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.09% during that period while stretching the period over a month that increases to 3.25%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.22 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BMO Capital Markets which reiterated the stock as “Market Perform” in its note to investors issued on May 08, 2025, recommending a price target of between $122 and $110 for it. DZ Bank downgraded its recommendation for the stock as a “Sell” from “Hold” on May 06, 2025 while assigning a price target of $95. Roth Capital issued its recommendations for the stock as it initiated the price target for the stock is $103.
Over the week, FTNT’s stock price is moving 4.93% up while it is 3.39% when we observe its performance for the past one month. Year-to-date it is 8.55% up and over the past year, the stock is showing an upside performance of 71.99%.
Currently, Fortinet Inc’s total number of outstanding shares is 769.20M with 16.97% of that held by the insiders while 72.49% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 76.42% and return on equity (ROE) at 205.91%. It has a price to earnings ratio (P/E ratio) of 42.21 while having a 37.02 of forward P/E ratio. Stock’s beta reads 1.08. Stock has a price to book (P/B) ratio of 40.19 while price to sale or P/S ratio amounts to 12.78. Its return on asset (ROA) is 20.80% on average.
