Fortress Biotech Stock Price History

FBIO Stock  USD 2.13  0.30  16.39%   
Below is the normalized historical share price chart for Fortress Biotech extending back to November 17, 2011. 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 Fortress Biotech stands at 2.13, as last reported on the 30th of November, with the highest price reaching 2.17 and the lowest price hitting 1.87 during the day.
IPO Date
17th of November 2011
200 Day MA
1.857
50 Day MA
1.7232
Beta
1.746
 
Yuan Drop
 
Covid
If you're considering investing in Fortress Stock, it is important to understand the factors that can impact its price. Fortress Biotech appears to be somewhat reliable, given 3 months investment horizon. Fortress Biotech secures Sharpe Ratio (or Efficiency) of 0.0496, which denotes the company had a 0.0496% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fortress Biotech, which you can use to evaluate the volatility of the firm. Please utilize Fortress Biotech's Mean Deviation of 3.43, coefficient of variation of 2649.35, and Downside Deviation of 4.84 to check if our risk estimates are consistent with your expectations.
  
At this time, Fortress Biotech's Common Stock Total Equity is very stable compared to the past year. As of the 30th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 198.4 M, while Common Stock Shares Outstanding is likely to drop about 4.5 M. . As of the 30th of November 2024, Price Earnings To Growth Ratio is likely to grow to 0.01, while Price To Sales Ratio is likely to drop 0.27. Fortress Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0496

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Estimated Market Risk

 5.02
  actual daily
44
56% of assets are more volatile

Expected Return

 0.25
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Fortress Biotech is performing at about 3% 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 Fortress Biotech by adding it to a well-diversified portfolio.
Price Book
2.3879
Enterprise Value Ebitda
(0.29)
Price Sales
0.6114
Shares Float
16.1 M
Wall Street Target Price
14

Fortress Biotech Stock Price History Chart

There are several ways to analyze Fortress Stock price data. The simplest method is using a basic Fortress candlestick price chart, which shows Fortress Biotech 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 29, 20242.13
Lowest PriceSeptember 24, 20241.39

Fortress Biotech November 30, 2024 Stock Price Synopsis

Various analyses of Fortress Biotech's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Fortress Stock. It can be used to describe the percentage change in the price of Fortress Biotech from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Fortress Stock.
Fortress Biotech Price Daily Balance Of Power 1.00 
Fortress Biotech Accumulation Distribution 160,234 
Fortress Biotech Price Action Indicator 0.26 
Fortress Biotech Price Rate Of Daily Change 1.16 

Fortress Biotech November 30, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Fortress 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 Fortress Biotech intraday prices and daily technical indicators to check the level of noise trading in Fortress Stock and then apply it to test your longer-term investment strategies against Fortress.

Fortress Stock Price History Data

The price series of Fortress Biotech for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 has a statistical range of 0.74 with a coefficient of variation of 10.6. Under current investment horizon, the daily prices are spread out with arithmetic mean of 1.73. The median price for the last 90 days is 1.76. The company completed 1:15 stock split on 10th of October 2023.
OpenHighLowCloseVolume
11/29/2024 1.89  2.17  1.87  2.13  1,159,027 
11/27/2024 1.83  1.87  1.80  1.83  515,206 
11/26/2024 1.71  1.84  1.70  1.84  617,110 
11/25/2024 1.62  1.71  1.62  1.68  506,075 
11/22/2024 1.55  1.62  1.55  1.61  177,713 
11/21/2024 1.63  1.64  1.55  1.57  266,002 
11/20/2024 1.60  1.62  1.55  1.57  376,835 
11/19/2024 1.50  1.64  1.50  1.59  532,740 
11/18/2024 1.46  1.54  1.46  1.48  432,560 
11/15/2024 1.55  1.57  1.41  1.43  817,782 
11/14/2024 1.63  1.64  1.56  1.57  311,796 
11/13/2024 1.72  1.74  1.63  1.65  433,084 
11/12/2024 1.75  1.75  1.66  1.70  365,002 
11/11/2024 1.73  1.78  1.71  1.76  265,294 
11/08/2024 1.71  1.76  1.66  1.71  305,317 
11/07/2024 1.77  1.80  1.71  1.72  231,319 
11/06/2024 1.77  1.82  1.69  1.76  481,597 
11/05/2024 1.70  1.77  1.56  1.77  1,153,075 
11/04/2024 1.99  1.99  1.70  1.73  1,657,647 
11/01/2024 1.93  1.96  1.86  1.90  776,285 
10/31/2024 1.91  1.95  1.86  1.90  385,583 
10/30/2024 2.03  2.07  1.92  1.94  472,004 
10/29/2024 2.02  2.10  1.94  2.02  877,562 
10/28/2024 1.94  2.04  1.92  2.02  1,095,193 
10/25/2024 1.73  1.88  1.71  1.85  757,793 
10/24/2024 1.77  1.81  1.72  1.73  264,553 
10/23/2024 1.81  1.85  1.76  1.78  296,382 
10/22/2024 1.79  1.85  1.74  1.81  651,536 
10/21/2024 1.80  1.82  1.74  1.78  392,447 
10/18/2024 1.85  1.87  1.73  1.83  632,721 
10/17/2024 1.78  1.85  1.74  1.81  676,628 
10/16/2024 1.73  1.76  1.72  1.75  585,764 
10/15/2024 1.68  1.73  1.68  1.72  280,400 
10/14/2024 1.65  1.70  1.64  1.68  477,750 
10/11/2024 1.58  1.64  1.58  1.63  471,828 
10/10/2024 1.57  1.63  1.56  1.58  317,800 
10/09/2024 1.54  1.59  1.52  1.58  426,764 
10/08/2024 1.59  1.61  1.50  1.53  695,510 
10/07/2024 1.63  1.63  1.58  1.59  280,869 
10/04/2024 1.64  1.64  1.57  1.63  565,308 
10/03/2024 1.56  1.65  1.50  1.61  801,437 
10/02/2024 1.44  1.59  1.40  1.57  834,574 
10/01/2024 1.47  1.50  1.41  1.43  873,336 
09/30/2024 1.48  1.48  1.44  1.45  571,792 
09/27/2024 1.46  1.52  1.46  1.49  806,041 
09/26/2024 1.53  1.54  1.44  1.45  1,268,773 
09/25/2024 1.43  1.44  1.39  1.41  949,881 
09/24/2024 1.46  1.46  1.36  1.39  1,050,486 
09/23/2024 1.54  1.55  1.42  1.43  834,058 
09/20/2024 1.67  1.67  1.42  1.50  6,216,247 
09/19/2024 1.99  2.00  1.82  1.84  355,292 
09/18/2024 1.91  2.03  1.90  1.92  245,920 
09/17/2024 1.92  1.98  1.90  1.92  97,719 
09/16/2024 2.01  2.04  1.92  1.94  170,918 
09/13/2024 1.86  1.97  1.86  1.97  203,812 
09/12/2024 1.76  1.87  1.76  1.83  192,996 
09/11/2024 1.79  1.79  1.71  1.76  238,635 
09/10/2024 1.81  1.81  1.70  1.77  251,286 
09/09/2024 1.74  1.84  1.74  1.78  199,994 
09/06/2024 1.84  1.88  1.72  1.77  456,578 
09/05/2024 1.87  1.91  1.84  1.85  233,851 

About Fortress Biotech Stock history

Fortress Biotech 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 Fortress is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortress Biotech 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 Fortress Biotech stock prices may prove useful in developing a viable investing in Fortress Biotech
Last ReportedProjected for Next Year
Common Stock Shares Outstanding8.1 M4.5 M
Net Loss-58.2 M-61.1 M

Fortress Biotech Stock Technical Analysis

Fortress Biotech 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 Fortress Biotech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fortress Biotech 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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Fortress Biotech Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fortress Biotech's price direction in advance. Along with the technical and fundamental analysis of Fortress Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortress 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.
When determining whether Fortress Biotech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fortress Biotech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fortress Biotech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fortress Biotech Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortress Biotech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Fortress Stock, please use our How to Invest in Fortress Biotech guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortress Biotech. If investors know Fortress will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortress Biotech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(27.73)
Revenue Per Share
6.15
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.36)
Return On Equity
(17.40)
The market value of Fortress Biotech is measured differently than its book value, which is the value of Fortress that is recorded on the company's balance sheet. Investors also form their own opinion of Fortress Biotech's value that differs from its market value or its book value, called intrinsic value, which is Fortress Biotech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortress Biotech's market value can be influenced by many factors that don't directly affect Fortress Biotech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortress Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortress Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortress Biotech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.