Why Fortive's Stock is Up During Today's Session

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Fortive's Stock Price And Volume Action

Fortive's FTV stock has been rising Friday, up 4.27% to a price of $68.25. The stock's volume is currently 1.71 million, which is roughly 90.76% of its recent 30-day volume average of 1.88 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Fortive shares are trading higher after the company reported better-than-expected Q4 EPS and sales results. The company reported Q1 EPS above analyst estimates.

Perspective On Recent Price Action

The stock's 50-day moving average was $69.4 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $82.12 and fallen to a low of $37.31.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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