Forward Industries (FORD, Financial) experienced a sudden stock price surge, climbing 5.16%. The current trading price stands at $4.05 per share with a trading volume of 26,155 shares and a turnover rate of 2.38%. The stock has shown a price fluctuation of 5.16%.
Recent financial data reveals that Forward Industries reported revenue of $7.89 million, a net loss of $377,067, and an earnings per share (EPS) of -$0.36. The company's gross profit was $1.55 million, with a price-to-earnings (P/E) ratio of -1.26. Currently, there are no institutional ratings advising to buy, hold, or sell the stock.
In the footwear accessories industry, where Forward Industries operates, there has been an overall decline of 0.97%. Within the sector, stocks such as Forward Industries, Deckers Outdoor Corporation, and On Holding AG (On Running) have shown significant gains. Meanwhile, American Rebel Holdings, Forward Industries, and Fossil Group exhibited notable trading activity with turnover rates of 18.48%, 2.33%, and 2.22% respectively. Stocks with substantial price fluctuations include Fossil Group, American Rebel Holdings Inc. C/Wts 20/01/2027 (To Pur Com), and American Rebel Holdings, Inc., showing amplitude of 22.00%, 14.29%, and 7.36% respectively.
Forward Industries is a provider of carrying and protection solutions, focusing on product protection for handheld electronic devices such as smartphones, tablets, and laptops. The company operates through two segments: OEM Distribution, which involves procurement and distribution of carrying cases for medical monitoring and diagnostic kits as well as various portable electronic devices, and the Design segment, offering full-service hardware and software product design and engineering services. The majority of its revenue is generated in the United States.
