Forward Industries (FORD) Earning Favorable Media Coverage, Report Shows

News articles about Forward Industries (NASDAQ:FORD) have been trending positive this week, according to Accern Sentiment. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Forward Industries earned a media sentiment score of 0.35 on Accern’s scale. Accern also assigned news coverage about the textile maker an impact score of 45.4421912001557 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Forward Industries (NASDAQ FORD) traded down $0.08 during mid-day trading on Wednesday, reaching $1.96. The company’s stock had a trading volume of 223,900 shares, compared to its average volume of 2,723,549. Forward Industries has a 1 year low of $1.02 and a 1 year high of $4.45. The stock has a market capitalization of $18.30, a P/E ratio of 28.00 and a beta of -0.71.

Forward Industries (NASDAQ:FORD) last posted its quarterly earnings results on Thursday, December 14th. The textile maker reported $0.02 earnings per share (EPS) for the quarter. Forward Industries had a return on equity of 6.76% and a net margin of 2.34%. The firm had revenue of $6.31 million during the quarter.

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Forward Industries Company Profile

Forward Industries, Inc designs and distributes carry and protective solutions, primarily for hand held electronic devices, including soft-sided carrying cases, bags, clips, hand straps, protective plates and other accessories. The Company operates in the design and distribution of carry and protective solutions, primarily for hand held electronic devices segment.

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