Fortinet Stock Price History

FTNT Stock  USD 94.02  1.57  1.70%   
Below is the normalized historical share price chart for Fortinet extending back to November 18, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fortinet stands at 94.02, as last reported on the 22nd of November, with the highest price reaching 94.35 and the lowest price hitting 92.52 during the day.
IPO Date
18th of November 2009
200 Day MA
69.352
50 Day MA
81.7062
Beta
0.995
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Fortinet Stock, it is important to understand the factors that can impact its price. Fortinet appears to be very steady, given 3 months investment horizon. Fortinet secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the company had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fortinet, which you can use to evaluate the volatility of the firm. Please utilize Fortinet's Coefficient Of Variation of 558.16, downside deviation of 1.42, and Mean Deviation of 1.29 to check if our risk estimates are consistent with your expectations.
  
At this time, Fortinet's Common Stock Shares Outstanding is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 966 K in 2024, despite the fact that Sale Purchase Of Stock is likely to grow to (1.4 B). . At this time, Fortinet's Price Earnings Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 1.15 in 2024, despite the fact that Price To Book Ratio is likely to grow to (93.42). Fortinet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1852

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Estimated Market Risk

 1.99
  actual daily
17
83% of assets are more volatile

Expected Return

 0.37
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
14
86% of assets perform better
Based on monthly moving average Fortinet is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fortinet by adding it to a well-diversified portfolio.
Price Book
78.0295
Enterprise Value Ebitda
34.1784
Price Sales
12.6185
Shares Float
644.3 M
Wall Street Target Price
95.2103

Fortinet Stock Price History Chart

There are several ways to analyze Fortinet Stock price data. The simplest method is using a basic Fortinet candlestick price chart, which shows Fortinet price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 12, 202499.15
Lowest PriceSeptember 12, 202474.49

Fortinet November 22, 2024 Stock Price Synopsis

Various analyses of Fortinet's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Fortinet Stock. It can be used to describe the percentage change in the price of Fortinet from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Fortinet Stock.
Fortinet Price Daily Balance Of Power 0.86 
Fortinet Price Rate Of Daily Change 1.02 
Fortinet Price Action Indicator 1.37 

Fortinet November 22, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Fortinet Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Fortinet intraday prices and daily technical indicators to check the level of noise trading in Fortinet Stock and then apply it to test your longer-term investment strategies against Fortinet.

Fortinet Stock Price History Data

The price series of Fortinet for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 has a statistical range of 24.66 with a coefficient of variation of 8.01. Under current investment horizon, the daily prices are spread out with arithmetic mean of 80.55. The median price for the last 90 days is 77.92. The company completed 5:1 stock split on 23rd of June 2022.
OpenHighLowCloseVolume
11/22/2024
 93.00  94.35  92.52  94.02 
11/21/2024 93.00  94.35  92.52  94.02  4,378,565 
11/20/2024 91.30  92.49  90.61  92.45  5,024,344 
11/19/2024 90.59  91.78  89.67  90.79  5,706,193 
11/18/2024 94.57  96.74  90.96  91.88  8,702,533 
11/15/2024 94.80  96.38  92.73  94.20  5,916,018 
11/14/2024 96.54  97.06  94.11  94.46  7,275,254 
11/13/2024 98.05  100.59  97.60  97.88  6,570,948 
11/12/2024 97.16  99.51  96.91  99.15  7,144,756 
11/11/2024 92.42  97.35  92.30  97.18  8,391,087 
11/08/2024 84.50  92.53  84.26  92.04  13,788,151 
11/07/2024 82.45  83.83  81.50  83.68  6,361,522 
11/06/2024 80.21  81.08  79.78  80.87  5,708,418 
11/05/2024 79.35  79.45  77.72  77.92  4,407,912 
11/04/2024 78.63  79.37  77.80  78.84  3,488,407 
11/01/2024 78.18  79.42  77.82  78.80  4,055,372 
10/31/2024 78.99  79.51  78.15  78.66  4,585,129 
10/30/2024 79.25  79.92  78.59  78.74  2,595,292 
10/29/2024 79.77  80.39  78.51  79.37  3,806,180 
10/28/2024 81.16  81.48  80.47  80.76  2,491,749 
10/25/2024 80.79  81.80  80.22  80.34  3,111,778 
10/24/2024 80.65  81.34  80.36  80.62  2,828,756 
10/23/2024 82.03  82.89  80.24  80.37  4,067,460 
10/22/2024 81.38  82.97  81.20  82.44  3,046,707 
10/21/2024 82.66  83.22  81.77  82.05  3,798,655 
10/18/2024 80.51  81.29  80.24  81.07  2,955,861 
10/17/2024 80.02  81.72  79.56  80.86  4,093,271 
10/16/2024 82.61  82.61  81.40  82.12  2,696,426 
10/15/2024 82.66  82.99  82.18  82.64  5,378,995 
10/14/2024 83.45  83.77  81.93  82.83  2,776,968 
10/11/2024 82.44  83.04  81.92  82.87  2,966,159 
10/10/2024 79.66  82.50  79.66  82.48  5,286,958 
10/09/2024 78.07  80.37  78.00  80.33  4,709,355 
10/08/2024 77.81  78.04  76.82  77.78  3,878,819 
10/07/2024 78.02  79.08  77.34  77.48  4,212,995 
10/04/2024 77.69  78.20  76.82  78.01  3,144,132 
10/03/2024 77.30  77.61  76.78  76.98  3,716,488 
10/02/2024 76.49  77.83  76.00  77.59  3,000,076 
10/01/2024 78.21  78.50  76.18  76.49  3,966,197 
09/30/2024 77.65  78.08  76.71  77.55  3,453,182 
09/27/2024 77.20  77.78  76.43  77.45  2,987,844 
09/26/2024 77.14  77.74  76.07  77.21  5,169,222 
09/25/2024 77.42  77.83  75.94  76.61  4,285,727 
09/24/2024 77.37  78.18  77.13  77.46  2,943,248 
09/23/2024 77.20  77.82  76.97  77.44  3,251,917 
09/20/2024 75.52  76.86  75.52  76.78  12,542,117 
09/19/2024 76.08  76.20  74.85  75.66  3,947,412 
09/18/2024 75.81  75.84  74.54  74.68  2,876,051 
09/17/2024 76.10  76.47  75.38  75.61  2,677,489 
09/16/2024 74.87  76.65  74.80  76.34  4,401,947 
09/13/2024 74.67  75.60  74.13  75.01  4,637,628 
09/12/2024 76.85  76.89  73.29  74.49  8,618,070 
09/11/2024 75.78  76.84  74.71  76.64  4,102,307 
09/10/2024 75.43  76.13  75.02  76.07  3,853,863 
09/09/2024 75.27  75.92  74.92  75.10  4,088,767 
09/06/2024 76.02  76.42  74.60  75.16  5,363,849 
09/05/2024 76.44  76.67  75.25  75.80  4,468,082 
09/04/2024 76.55  77.18  75.71  76.87  4,181,591 
09/03/2024 76.62  78.08  76.08  77.13  5,807,286 
08/30/2024 76.31  76.91  76.08  76.71  3,585,249 
08/29/2024 76.00  77.18  75.54  76.27  3,054,230 

About Fortinet Stock history

Fortinet investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Fortinet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortinet will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Fortinet stock prices may prove useful in developing a viable investing in Fortinet
Last ReportedProjected for Next Year
Common Stock Shares Outstanding788.2 M858.4 M
Net Income Applicable To Common Shares985.9 MB

Fortinet Quarterly Net Working Capital

1.19 Billion

Fortinet Stock Technical Analysis

Fortinet technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Fortinet technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fortinet trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Fortinet Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fortinet's price direction in advance. Along with the technical and fundamental analysis of Fortinet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortinet to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Fortinet Stock Analysis

When running Fortinet's price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.