(VIANEWS) – The NASDAQ ended the session with Fortinet rising 4.21% to $55.85 on Monday, after five sequential sessions in a row of gains. NASDAQ jumped 1.27% to $12,266.41, after three successive sessions in a row of gains, on what was an all-around up trend trading session today.

About Fortinet

Fortinet, Inc. offers broad, automated, and integrated cybersecurity solutions throughout the Americas, Europe, Middle East, Africa, Asia Pacific, and Europe. FortiGate software and hardware licenses are available. They provide many security and networking functions including firewall, intrusion prevention and anti-malware. FortiSwitch is a product line that offers customers secure networking options. FortiAP provides wireless network solutions. FortiExtender provides hardware appliances. FortiAnalyzer provides centralized network monitoring, analysis, and reporting. FortiManager provides a central, flexible management system for FortiGate products. FortiWeb is a web application firewall solution; FortiMail provides secure email gateway solutions. FortiClient provides endpoint security with behavior-based and pattern-based antimalware. FortiClient also provides proactive detection and mitigation. FortiToken, FortiAuthenticator, FortiEDR/XDR are endpoint protection solutions that provide comprehensive machine-learning antimalware execution as well as real-time post infection protection. Security subscriptions, technical support and professional training are available. It offers its security solutions through channel partners as well to customers directly in the telecommunications and technology industries. Linksys is its strategic partner. Fortinet, Inc., was founded in 2000. It is located in Sunnyvale, California.

Volume

Today’s last reported volume for Fortinet is 5970070, 10.52% above its average volume of 5401410.

Fortinet’s last close was $53.59, 27.92% under its 52-week high of $74.35.

Fortinet’s Sales

Fortinet’s sales growth is 38.4% for the ongoing quarter and 32.1% for the next. The company’s growth estimates for the current quarter and the next is 35% and 40%, respectively.

Fortinet’s Revenue

Year-on-year quarterly revenue growth grew by 28.6%, now sitting on 3.82B for the twelve trailing months.

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 $55.85 at 18:21 EST, way below its 52-week high of $74.35 and way above its 52-week low of $47.37.

Fortinet’s Moving Average

Fortinet’s worth is above its 50-day moving average of $55.37 and under its 200-day moving average of $60.24.

More news about Fortinet (FTNT).

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