(VIANEWS) – Shares of Fortinet (FTNT) jumped by a staggering 15.29% in 7 days from $260.23 to $300.02 at 18:43 EST on Thursday, following the last session’s upward trend. NASDAQ Composite is jumping 0.78% to $14,895.12, after three consecutive sessions in a row of gains.
Fortinet’s last close was $297.76, 2.8% below its 52-week high of $306.33.
Today’s last reported volume for Fortinet is 1323196 which is 41.42% above its average volume of 935648.
Fortinet’s sales growth is 20.8% for the current quarter and 19.7% for the next. The company’s growth estimates for the present quarter and the next is 7.3% and 8%, respectively.
Year-on-year quarterly revenue growth grew by 23%, now sitting on 2.73B for the twelve trailing months.
Fortinet’s last week, last month’s, and last quarter’s current volatility was 0.09%, 0.56%, and 1.36%, respectively.
Fortinet’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.93% (last week), 1.11% (last month), and 1.36% (last quarter), respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
Fortinet’s stock is considered to be oversold (<=20).
Fortinet’s Stock Yearly Top and Bottom Value
Fortinet’s stock is valued at $300.02 at 18:43 EST, under its 52-week high of $306.33 and way higher than its 52-week low of $106.75.
Fortinet’s Moving Average
Fortinet’s value is way higher than its 50-day moving average of $257.11 and way higher than its 200-day moving average of $205.31.
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