Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Forward Air Corp.’s current trading price is -76.31% away from its 52-week high, while its distance from the 52-week low is 9.11%. The stock’s price range over this period has fluctuated between $26.35 and $121.38. The company, operating within the financial sector, had a trading volume of approximately 1.09 million for the day, which was noticeably higher than the average daily share volume of 0.89 million over the last 3 months.
Forward Air Corp. experienced a rather shaky stock market performance. The highest value in the past year was recorded at $121.38 on 07/27/23 and the lowest value was $26.35 on 03/18/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Forward Air Corp. (FWRD) has experienced a quarterly decline of -56.29% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 737.73M and boasts a workforce of 4014 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 52.61, with a change in price of -43.11. Similarly, Forward Air Corp. recorded 704,404 in trading volume during the last 100 days, posting a change of -59.99%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for FWRD stands at 2.55. Similarly, the long-term debt-to-equity ratio is also 2.47.
FWRD Stock Stochastic Average
Today, Forward Air Corp.’s raw stochastic average for the past 50 days stands at 6.77%, indicating a decline from the raw stochastic average of the last 20 days, which was 16.65%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 8.99% and 5.45% respectively.
FWRD Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -54.27% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -57.00%. Over the past 30 days, the price of FWRD has leaped by -27.53%. And in the last five days, it has surged by 1.41%.
