Forward Industries is in the consumer cyclical sector and manufacturing apparel and furniture industry. The company CEO is Terence Wise. Forward Industries Inc is engaged in the designing, marketing and distribution of protective solutions for hand held electronic devices. The Company’s protective solutions include soft-sided carrying cases, bags, clips, hand straps and other accessories.



Previous Intraday Performance:

The FORD shares had a previous change of -2.20% which opened at 1.60 and closed at 1.56. It moved to an intraday high of 1.60 and a low of 1.54.

CNBC:  This is the No. 1 car among millennials, according to a new study of insurance data

Historical Performance:

Over the last five trading days, FORD shares returned 1.63% and in the past 30 trading days it returned -0.96%. Over three months, it changed 7.99%. In one year it has changed 7.99% and within that year its 52-week high was 2.74 and its 52-week low was 1.20. FORD stock is 29.58% above its 52 Week Low.

Our calculations result in a 200 day moving average of 1.53 and a 50 day moving average of 1.57. Right now, FORD stock is trading 1.40% above its 200 day moving average and may be a good opportunity to buy.

CNBC:  This is the No. 1 car among millennials, according to a new study of insurance data

Liquidity:

The company has a market cap of $14.8m with 9.5m shares outstanding and a float of 6.0m shares. Trading volume was 17,519 shares and has experienced an average volume of 15,373 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Forward Industries was 0.15 which ended on 30th of September 2018, which according to the previous close, that is a PE of 10.37.

The next earnings report will be: 04-30-2019

The long-term trend of the EPS is a vital number as it helps understand the future potential of Forward Industries; it is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been 45.50% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 37.40% of insider ownership and 16.00% of institutional ownership.



I calculated the beta to be 0.18

SeekingAlpha:  Celestica Inc. 2018 Q4 – Results – Earnings Call Slides

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 8.20%, return on assets is 4.85%, profit margin is -0.50%, price-to-sales is 0.52 and price-to-book is 1.43.

Company Score Card:

Results are out of six:
 2  : Growth Expectations Result
 3  : Financial Safety Result
 3  : Past Performance Result
 1  : Valuation Result
 0  : Dividend Safety Result
 2  : Overall Result

Related Tags: , , ,

Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

LEAVE A REPLY

Please enter your comment!
Please enter your name here