Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Forward Air Corp. (NASDAQ: FWRD) closed at $35.93 down -3.49% from its previous closing price of $37.23. In other words, the price has decreased by -$3.49 from its previous closing price. On the day, 0.55 million shares were traded. FWRD stock price reached its highest trading level at $37.52 during the session, while it also had its lowest trading level at $35.905.
Ratios:
For a deeper understanding of Forward Air Corp.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 7.27 whereas as Long-Term Debt/Eq ratio is at 6.89.
Jefferies Upgraded its Hold to Buy on August 29, 2023, whereas the target price for the stock was revised from $110 to $85.
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 995257408 and an Enterprise Value of 3052377088. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 3.51. Its current Enterprise Value per Revenue stands at 1.637 whereas that against EBITDA is 16.53.
Stock Price History:
Over the past 52 weeks, FWRD has reached a high of $79.51, while it has fallen to a 52-week low of $11.21. The 50-Day Moving Average of the stock is 22.19%, while the 200-Day Moving Average is calculated to be 9.62%.
Shares Statistics:
For the past three months, FWRD has traded an average of 894.08K shares per day and 1338820 over the past ten days. A total of 25.67M shares are outstanding, with a floating share count of 19.06M. Insiders hold about 31.20% of the company’s shares, while institutions hold 100.96% stake in the company. Shares short for FWRD as of 1724976000 were 5096195 with a Short Ratio of 5.48, compared to 1722384000 on 4881230. Therefore, it implies a Short% of Shares Outstanding of 5096195 and a Short% of Float of 22.659999.
Dividends & Splits
According to the company, the forward annual dividend rate for FWRD is 0.24, from 0.48 in the trailing year. Against a Trailing Annual Dividend Yield of 0.012892828The stock’s 5-year Average Dividend Yield is 1.28.
