iShares Floating Rate Bond Breaks Below 200-Day Moving Average - Notable for FLOT
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 03 2025
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Source: NASDAQ.COM
FLOT's Stock Performance: FLOT's stock has a 52-week low of $50.28 and a high of $51.16, with the last trade recorded at $50.91.
Market Analysis Insight: The article mentions other ETFs that have recently fallen below their 200-day moving average, indicating potential market trends.
Analyst Views on FLOT
Wall Street analysts forecast FLOT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FLOT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 51.010
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Current: 51.010
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
