The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -66.52%.However, over the last six months, we can see a stronger performance of -70.34%. Over the last 30 days, the price of FWRD has leaped by -23.23%. And in the last five days, it has fallen by -9.66%.
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 $21.60 on 05/01/24.
52-week price history of FWRD Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Forward Air Corp.’s current trading price is -82.66% away from its 52-week high, while its distance from the 52-week low is -2.55%. The stock’s price range during this period has varied between$21.60 and $121.38. The Forward Air Corp.’s shares, which operate in the Industrials, saw a trading volume of around 0.55 million for the day, a figure considerably lower than their average daily volume of 0.98 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Forward Air Corp. (FWRD) has experienced a quarterly decline of -52.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 555.09M and boasts a workforce of 4014 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 41.62, with a change in price of -42.88. Similarly, Forward Air Corp. recorded 829,964 in trading volume during the last 100 days, posting a change of -67.07%.
FWRD’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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
Forward Air Corp.’s raw stochastic average for the past 50 days is presently 0.30%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 0.61%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 4.68% and 6.53%, respectively.
