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FTRE | Fortrea Holdings Inc. Stock Overview

(Stock Exchange: NASDAQ)
Day's Range 18.76 - 19.94
52 Week Range 16.53 - 41.02
Beta 1.20
Implied Volatility 61.98%
IV Rank 36.28%
Day's Volume 948,660
Average Volume 1,515,529
Shares Outstanding 89,700,000
Market Cap 1,749,150,000
Sector Healthcare
Industry Biotechnology
IPO Date 2023-06-20
Valuation
Profitability
Growth
Health
P/E Ratio -7.99
Forward P/E Ratio N/A
EPS -2.44
1YR Price Target N/A
Dividend Yield N/A
Dividend Per Share N/A
Dividend ExDate N/A
Dividend PayDate N/A
Employees 16,000
Country USA
Website FTRE
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.
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Analyzing fundamentals for FTRE we got that it has weak fundamentals where Valuation is considered to be slightly overvalued, Profitability is unacceptably poor, Growth is desperately bad and Health is frighteningly weak. For more detailed analysis please see FTRE Fundamentals page.

Watching at FTRE technicals we can see that long-term trend is bearish, the same as bearish middle-term trend, but short-term trend is bullish. More technicals details can be found on FTRE Technicals page.
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