Forward Industries, Inc. (NASDAQ:FORD) does about 108.74K shares in volume on a normal day but saw 18390747 shares change hands in the recent trading day. The company now has a market cap of 5.92M USD. Its current market price is $5.38, marking an increase of 53.71% compared to the previous close of $3.50. The 52 week high reached by this stock is $8.29 whilst the lowest price level in 52 weeks is $3.10.
Forward Industries, Inc. (FORD) has a 20-day trading average at $3.67 and the current price is -35.10% off the 52-week high compared with 73.55% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.78 and its 200-day simple moving average is $5.30. If we look at the stock’s price movements over the week, volatility stands at 16.36%, which decreases to 8.75% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 77.94 to suggest the stock is overbought.
The current price level is 50.01%, 43.14%, and 1.41% away from its SMA20, SMA50, and SMA200 respectively, with the FORD price moving below the 50-day SMA on current market day. Forward Industries, Inc. (FORD) stock is up 51.98% over the week and 43.47% over the past month. Its price is -26.24% year-to-date and -30.40% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
The company has a return on investment of -81.73% and return on equity of 23.58%. The beta has a value of 0.40. Price to book ratio is 4.26 and price to sales ratio is 0.21.
