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Forward Industries Inc is a footwear & accessories business based in the US. Forward Industries shares (FORD) are listed on the NASDAQ and all prices are listed in US Dollars. Forward Industries employs 85 staff and has a trailing 12-month revenue of around 0.00.
|Latest market close||$2.19|
|52-week range||$1.45 - $4.87|
|50-day moving average||$2.33|
|200-day moving average||$2.61|
|Wall St. target price||$2.28|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.05|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-10-13)||0.46%|
|1 month (2021-09-17)||N/A|
|3 months (2021-07-21)||-19.78%|
|6 months (2021-04-21)||-18.89%|
|1 year (2020-10-21)||43.61%|
|2 years (2019-10-21)||121.21%|
|3 years (2018-10-19)||48.98%|
|5 years (2016-10-21)||92.11%|
Valuing Forward Industries stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Forward Industries's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Forward Industries's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 43x. In other words, Forward Industries shares trade at around 43x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
|Revenue TTM||$36.7 million|
|Gross profit TTM||$6.6 million|
|Return on assets TTM||-2.02%|
|Return on equity TTM||7.33%|
|Market capitalisation||$22 million|
TTM: trailing 12 months
There are currently 327,215 Forward Industries shares held short by investors – that's known as Forward Industries's "short interest". This figure is 0.1% up from 326,928 last month.
There are a few different ways that this level of interest in shorting Forward Industries shares can be evaluated.
Forward Industries's "short interest ratio" (SIR) is the quantity of Forward Industries shares currently shorted divided by the average quantity of Forward Industries shares traded daily (recently around 87257.333333333). Forward Industries's SIR currently stands at 3.75. In other words for every 100,000 Forward Industries shares traded daily on the market, roughly 3750 shares are currently held short.
However Forward Industries's short interest can also be evaluated against the total number of Forward Industries shares, or, against the total number of tradable Forward Industries shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Forward Industries's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Forward Industries shares in existence, roughly 30 shares are currently held short) or 0.0538% of the tradable shares (for every 100,000 tradable Forward Industries shares, roughly 54 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Forward Industries.
Find out more about how you can short Forward Industries stock.
We're not expecting Forward Industries to pay a dividend over the next 12 months.
Forward Industries's shares were split on a 1:2 basis on 23 December 1997. So if you had owned 2 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Forward Industries shares – just the quantity. However, indirectly, the new 100% higher share price could have impacted the market appetite for Forward Industries shares which in turn could have impacted Forward Industries's share price.
Over the last 12 months, Forward Industries's shares have ranged in value from as little as $1.45 up to $4.87. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Forward Industries's is 0.964. This would suggest that Forward Industries's shares are less volatile than average (for this exchange).
Forward Industries, Inc. , together with its subsidiaries, designs, markets, and distributes carry and protective solutions primarily for hand held electronic devices. It provides carrying cases and other accessories for medical monitoring and diagnostic kits; and other portable electronic and non-electronic products, such as sporting and recreational products, bar code scanners, smartphones, GPS location devices, tablets, firearms, and other products. The company sells its products to original equipment manufacturers in the Asia-Pacific, the Americas, Europe, the Middle East, and Africa. Forward Industries, Inc. was incorporated in 1961 and is headquartered in Hauppauge, New York. .
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