Forward Industries (FORD, Financial) experienced a significant stock movement, with its price soaring 5.90%. The stock currently trades at $3.95 per share with a trading volume of 31,766 shares, turnover rate of 2.89%, and amplitude of 6.43%.
Recent financial reports indicate that Forward Industries achieved a revenue of $7.89 million, with a net loss of $377,067. The earnings per share (EPS) stand at -$0.36, gross profit at $1.55 million, and the price-to-earnings (P/E) ratio is -1.21.
In the footwear and accessories sector, where Forward Industries operates, the overall decline was 1.16%. Within this sector, notable gainers alongside Forward Industries included Fossil Group and Nike. Active stocks in this category such as American Rebel Holdings, Forward Industries, and Designer Brands Inc. showed turnover rates of 30.01%, 3.07%, and 2.35%, respectively. Stocks demonstrating significant amplitude included American Rebel Holdings at 19.99%, Forward Industries at 7.77%, and Vera Bradley Inc. at 7.33%.
Forward Industries designs and distributes protective solutions for handheld electronic devices, primarily operating in the U.S. It has two segments: OEM distribution, which directly sources and distributes carrying cases and accessories for medical monitoring, diagnostic kits, and various portable electronic and non-electronic devices; and the Design segment, which offers comprehensive hardware and software product design and engineering services.
