Fortinet Inc. (NASDAQ:FTNT) currently has a “Buy” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Buy” signal. While 20-Day Moving Average VS Current Price shows “Buy” Signal.
Fortinet Inc. (NASDAQ:FTNT) gained 2.05 Percent and closed its previous trading session at $74.55. The stock traded with the average Volume of 1.53 Million at the end of last session.
Fortinet Inc. (NASDAQ:FTNT) has the Market Capitalization of 10.99 Billion. The Stock has its 52-week High of $75.64 and 52-Week Low of $35.44 and it touched its 52-week high on 08/03/18 and 52-Week Low on 09/29/17
The company reported its last earnings Actual EPS of $0.41/share. While, the analyst predicted that the company could provide an EPS of $0.36/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.05/share which shows an Earnings Surprise of 13.9 Percent.
Sell side analysts plays vital role in buying and selling a stock where 4 analysts rated Fortinet Inc. (NASDAQ:FTNT) as Buy, 0 analysts given Outperform signal, 5 reported Hold, and 0 analysts rated the stock as Sell.
The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 9.28% where SMA50 and SMA200 are 13.87% and 41.13% respectively.
The company shows its Return on Assets (ROA) value of 1.3%. The Return on Equity (ROE) value stands at 4%. While it’s Return on Investment (ROI) value is 13.6%.
Fortinet Inc. (NASDAQ:FTNT) currently has a Weekly Volatility of 2.36% percent while its Monthly Volatility is at 2.81% percent. While talking about Performance of the Stock, Fortinet Inc. currently has a Weekly performance of 1.07%, monthly performance percentage is 13.54 percent, Quarterly performance is 23.92 percent, 6 months performance shows a percent value of 67.53% and Yearly Performance is 103.13 percent.
Fortinet, Inc., headquartered in Sunnyvale, California, is a provider of network security appliances and Unified Threat Management network security solutions to enterprises, service providers and government entities worldwide. Its solutions are designed to integrate multiple levels of security protection, including firewall, virtual private networking, antivirus, intrusion prevention, Web filtering, antispam and wide area network acceleration. Through its products and subscription services, the company provides integrated protection against dynamic security threats while simplifying the IT security infrastructure. Its solution incorporates the application-specific integrated circuits, hardware architecture, operating system, and set of associated security and networking functions to defend against multiple categories of IT security attacks without impacting network performance. Its flagship UTM solution consists of FortiGate appliance product line and FortiGuard security subscription services.