Favorable News Coverage Somewhat Unlikely to Impact Forward Industries (FORD) Share Price

Media coverage about Forward Industries (NASDAQ:FORD) has been trending positive this week, Accern reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Forward Industries earned a coverage optimism score of 0.28 on Accern’s scale. Accern also gave headlines about the textile maker an impact score of 46.4335769854402 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news headlines that may have impacted Accern’s rankings:

Forward Industries (NASDAQ FORD) traded down $0.04 during midday trading on Monday, reaching $1.72. 155,600 shares of the company’s stock traded hands, compared to its average volume of 2,577,821. Forward Industries has a fifty-two week low of $1.02 and a fifty-two week high of $4.45. The stock has a market cap of $16.37, a PE ratio of 28.67 and a beta of -0.71.

Forward Industries (NASDAQ:FORD) last posted its earnings results on Thursday, December 14th. The textile maker reported $0.02 earnings per share (EPS) for the quarter. Forward Industries had a net margin of 1.94% and a return on equity of 5.45%. The business had revenue of $6.31 million for 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.

Insider Buying and Selling by Quarter for Forward Industries (NASDAQ:FORD)

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