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The closing price of Forward Air Corp (NASDAQ: FWRD) was $21.19 for the day, down -2.44% from the previous closing price of $21.72. In other words, the price has decreased by -$2.44 from its previous closing price. On the day, 0.74 million shares were traded. FWRD stock price reached its highest trading level at $21.725 during the session, while it also had its lowest trading level at $21.01.
Ratios:
Our analysis of FWRD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 100.69. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 14.25 whereas as Long-Term Debt/Eq ratio is at 13.47.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FWRD now has a Market Capitalization of 652480320 and an Enterprise Value of 2784661248. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 4.27. Its current Enterprise Value per Revenue stands at 1.105 whereas that against EBITDA is 12.528.
Stock Price History:
The Beta on a monthly basis for FWRD is 1.46, which has changed by -0.43986255 over the last 52 weeks, in comparison to a change of 0.13724327 over the same period for the S&P500. Over the past 52 weeks, FWRD has reached a high of $40.92, while it has fallen to a 52-week low of $9.78. The 50-Day Moving Average of the stock is -23.82%, while the 200-Day Moving Average is calculated to be -14.50%.
Shares Statistics:
FWRD traded an average of 637.15K shares per day over the past three months and 900510 shares per day over the past ten days. A total of 30.61M shares are outstanding, with a floating share count of 21.00M. Insiders hold about 31.79% of the company’s shares, while institutions hold 87.33% stake in the company. Shares short for FWRD as of 1759190400 were 3764156 with a Short Ratio of 5.91, compared to 1756425600 on 3740462. Therefore, it implies a Short% of Shares Outstanding of 3764156 and a Short% of Float of 17.459999.
