stoxline Quote Chart Rank Option Currency Glossary
  
Fortrea Holdings Inc. (FTRE)
20.27  0.82 (4.22%)    12-12 16:00
Open: 19.13
High: 20.52
Volume: 865,347
  
Pre. Close: 19.45
Low: 19
Market Cap: 1,818(M)
Technical analysis
2024-12-12 4:40:53 PM
Short term     
Mid term     
Targets 6-month :  26.25 1-year :  29.52
Resists First :  22.47 Second :  25.28
Pivot price 21.27
Supports First :  17.95 Second :  14.93
MAs MA(5) :  21.01 MA(20) :  20.76
MA(100) :  21.19 MA(250) :  27.73
MACD MACD :  0.4 Signal :  0.6
%K %D K(14,3) :  26.6 D(3) :  39.3
RSI RSI(14): 48.2
52-week High :  41.02 Low :  16.53
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and NEUTRAL in mid-long term.
[ FTRE ] has closed above bottom band by 30.1%. Bollinger Bands are 4.5% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 20.55 - 20.66 20.66 - 20.77
Low: 18.71 - 18.85 18.85 - 18.99
Close: 20.05 - 20.27 20.27 - 20.47
Company Description

Fortrea Holdings Inc., a contract research organization, primarily engages in the provision of biopharmaceutical product and medical device development services worldwide. It operates through two segments: Clinical Services and Enabling Services. The Clinical Services segment provides across the clinical pharmacology and clinical development spectrum. The Enabling Services segment provides patient access and clinical trial technology solutions to customers that streamline complex randomization and optimize the trial drug supply process. The company offers delivery models that include full service, functional service provider, and hybrid service structures. It also offers phase I-IV clinical trial management, differentiated technology enabled trial solutions, and post approval services. The company serves pharmaceutical, biotechnology, and medical device organizations. Fortrea Holdings Inc. was incorporated in 2023 and is based in Durham, North Carolina.

Headline News

Thu, 12 Dec 2024
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fortrea Holdings Inc. - FTRE - The Eastern Progress Online

Mon, 09 Dec 2024
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fortrea Holdings Inc. - FTRE - PR Newswire

Mon, 09 Dec 2024
Charles Schwab Investment Management Inc. Acquires 29,285 Shares of Fortrea Holdings Inc. (NASDAQ:FTRE) - MarketBeat

Sun, 08 Dec 2024
Holocene Advisors LP Sells 115,412 Shares of Fortrea Holdings Inc. (NASDAQ:FTRE) - MarketBeat

Sat, 07 Dec 2024
Fortrea (NASDAQ:FTRE) Shares Gap Down - Here's What Happened - MarketBeat

Sat, 07 Dec 2024
Investors Purchase Large Volume of Fortrea Call Options (NASDAQ:FTRE) - MarketBeat

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Outperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Outperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Underperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Underperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Healthcare
Industry:
Biotechnology
Shares Out 90 (M)
Shares Float 75 (M)
Held by Insiders 0.2 (%)
Held by Institutions 113 (%)
Shares Short 5,510 (K)
Shares Short P.Month 7,290 (K)
Stock Financials
EPS -2.45
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 16.87
Profit Margin -10.1 %
Operating Margin -1.4 %
Return on Assets (ttm) -1.1 %
Return on Equity (ttm) -13.6 %
Qtrly Rev. Growth -5.5 %
Gross Profit (p.s.) 0
Sales Per Share 33.22
EBITDA (p.s.) 0.3
Qtrly Earnings Growth 0 %
Operating Cash Flow 263 (M)
Levered Free Cash Flow 368 (M)
Stock Valuations
PE Ratio -8.31
PEG Ratio 0
Price to Book value 1.2
Price to Sales 0.61
Price to Cash Flow 6.91
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

StockChart iOS

StoxlineLite iOS

StoxlineLite iOS

OptionCalc iOS

StockChart Android

StoxlineLite Android

StoxlinePro Android

OptionCalc Android