Forward Industries (FORD) Earning Somewhat Favorable Press Coverage, Accern Reports

News stories about Forward Industries (NASDAQ:FORD) have trended somewhat positive on Saturday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Forward Industries earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned news coverage about the textile maker an impact score of 48.1139722836182 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:

Shares of Forward Industries traded down $0.03, hitting $1.52, during trading hours on Friday, according to Marketbeat. The company had a trading volume of 309,135 shares, compared to its average volume of 289,576. The firm has a market capitalization of $14.75 million, a PE ratio of 8.16 and a beta of -0.16. Forward Industries has a 12 month low of $1.02 and a 12 month high of $4.45. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.15 and a quick ratio of 1.93.

Forward Industries (NASDAQ:FORD) last issued its quarterly earnings data on Friday, May 18th. The textile maker reported $0.10 earnings per share for the quarter. The company had revenue of $9.01 million for the quarter. Forward Industries had a net margin of 5.73% and a return on equity of 17.90%.

Forward Industries Company Profile

Forward Industries, Inc, together with its subsidiaries, designs, markets, and distributes carry and protective solutions primarily for hand held electronic devices. It provides carrying cases and other accessories for medical monitoring and diagnostic kits; and other portable electronic and non-electronic products, such as sporting and recreational products, bar code scanners, smartphones, GPS location devices, tablets, firearms, and other products.

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

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