MARKET COMPOSITE
FORD - Forward Industries, Inc.7:54:51 PM 4/26/2024
Price
$0.54
-0.02 (-4.29%)
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. The company sells its products to original equipment manufacturers in the Asia-Pacific, the Americas, Europe, the Middle East, and Africa. Forward Industries, Inc. was incorporated in 1961 and is headquartered in Hauppauge, New York.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue7.2MM+16%
Gross Profit1.6MM-46%
Cost Of Revenue5.5MM+78%
Operating Income-380.3K-123%
Operating Expenses2MM-
Net Income-354.2K-81%
G&A1.7MM+1%
Marketing368.7K-259%
Amortization--
Interest Expense19K-21%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Stock news

    HAUPPAUGE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced financial results for its first quarter ended December 31, 2023. First Quarter Fiscal Year 2024 Financial Highlights Revenues were $7.2 million, a decrease of 26.7% from $9.8 million for 2023. Gross margin increased to 23.0% compared to 20.2% for 2023.Loss from continuing operations was $0.4 million compared to $0.1 million in 2023 and net l

    On December 29, 2023, Renaissance Technologies, led by Jim Simons (Trades, Portfolio), made a notable adjustment to its investment portfolio by reducing its stake in Forward Industries Inc (NASDAQ:FORD). Despite this change, the transaction had no significant impact on the overall position of the firm's portfolio, as the trade impact is reported to be 0.

    Product design firm expands management team with promotion of James Wightman to VP of Engineering and Ralph Cassara to Fellow and Digital Health LeaderHAUPPAUGE, N.Y., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS), an award-winning global product design firm, today announced that Jan Niewiadomski was named Chief Technology Officer. Expanding its management team, IPS also announced that James Wightman was promoted to Vice President of Engineering and Ralph Cassara to Fello

    US consumer demand for electric vehicles has started to wane as economic headwinds and inflation pick up, reducing affordability options. As inflation seems to cool and new competitors join the EV space, is there a possibility things could pick up in 2024? Bill Newman, Industry Executive Advisor at SAP North America, joins Yahoo Finance Live with Autos Reporter Pras Subramanian to discuss the state of the EV market, domestically and in China heading into 2024. Newman gives context to China's abi...

    It is hard to get excited after looking at Forward Industries' (NASDAQ:FORD) recent performance, when its stock has...

    HAUPPAUGE, N.Y., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced preliminary financial results for the fiscal year ended September 30, 2023. Preliminary Fiscal Year 2023 Financial Highlights Revenues were $36.7 million, a decrease of 3.9% from $38.2 million for 2022 with IPS from the design division recording record revenues in 2023.Gross margin declined to 22.8% compared to 23.0% for 2022.Income from con

    Tesla's Cybertruck (TSLA) is set to launch Thursday afternoon at its Gigafactory in Austin, Texas. While some investors are hyped for the release, there are those who feel that this isn't the big moment the company and investors were hoping for. Andrew Hawkins, The Verge Transportation Editor and Tom Narayan, Lead Equity Analyst, Global Autos for RBC Capital Markets, join Yahoo Finance to discuss their thoughts on the launch and what it means for the company and investors alike. Narayan describe...

    Despite American car buyers relaying a sense of uncertainty about purchasing an electric vehicle, U.S. EV sales have jumped nearly 50% year-over-year in the third quarter of 2023. Yahoo Finance Autos Reporter Pras Subramanian details the EV market share of American automakers and ongoing affordability concerns from consumers. Click here to watch more of Yahoo Finance's special coverage "EVs: The Road Ahead." For more expert insight and the latest market action, click here to watch this full epis...

    Trump claims EVs are a "hoax," even though Elon Musk became the world's richest person by building them.

    GM (GM) says the “ripple effect” of the UAW strike is responsible for their 2,000-employee layoff in Kansas and idle plants. Al Root, Barron’s senior writer tells Yahoo Finance’s Seana Smith and Brad Smith that he estimates about 30 days for the strike and believes that UAW President Shawn Fain's approach to striking at GM (GM), Ford (F), and Stellantis (STLA) is “unique”. Root warned people to "buckle up", noting that he does not believe the strike will be over "anytime soon." For more expert ...