On Friday, Forward Air Corp. (NASDAQ: FWRD) opened lower -3.96% from the last session, before settling in for the closing price of $33.08. Price fluctuations for FWRD have ranged from $11.21 to $79.51 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 2.01% over the last five years. Company’s average yearly earnings per share was noted -126.68% at the time writing. With a float of $19.06 million, this company’s outstanding shares have now reached $25.67 million.
The firm has a total of 4014 workers. Let’s measure their productivity. In terms of profitability, gross margin is -1.1%, operating margin of -2.6%, and the pretax margin is -64.87%.
Forward Air Corp. (FWRD) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Integrated Freight & Logistics industry is another important factor to consider. The insider ownership of Forward Air Corp. is 32.69%, while institutional ownership is 100.82%.
Forward Air Corp. (FWRD) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -126.68% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.16% during the next five years compared to -32.59% drop over the previous five years of trading.
Forward Air Corp. (NASDAQ: FWRD) Trading Performance Indicators
Check out the current performance indicators for Forward Air Corp. (FWRD). In the past quarter, the stock posted a quick ratio of 1.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -28.63, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach 0.29 in one year’s time.
Technical Analysis of Forward Air Corp. (FWRD)
Analysing the last 5-days average volume posted by the [Forward Air Corp., FWRD], we can find that recorded value of 0.74 million was lower than the volume posted last year of 1.06 million. As of the previous 9 days, the stock’s Stochastic %D was 70.17%. Additionally, its Average True Range was 1.90.
During the past 100 days, Forward Air Corp.’s (FWRD) raw stochastic average was set at 90.37%, which indicates a significant increase from 77.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.46% in the past 14 days, which was lower than the 94.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.78, while its 200-day Moving Average is $35.21. Now, the first resistance to watch is $33.01. This is followed by the second major resistance level at $34.25. The third major resistance level sits at $35.01. If the price goes on to break the first support level at $31.01, it is likely to go to the next support level at $30.25. Now, if the price goes above the second support level, the third support stands at $29.01.
Forward Air Corp. (NASDAQ: FWRD) Key Stats
There are currently 26,438K shares outstanding in the company with a market cap of 880.03 million. Presently, the company’s annual sales total 1,371 M according to its annual income of 167,350 K. Last quarter, the company’s sales amounted to 643,670 K and its income totaled -645,430 K.
