Somewhat Critical Media Coverage Somewhat Unlikely to Affect Forward Industries (NASDAQ:FORD) Share Price

News headlines about Forward Industries (NASDAQ:FORD) have been trending somewhat negative this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Forward Industries earned a media sentiment score of -0.04 on Accern’s scale. Accern also gave headlines about the textile maker an impact score of 48.503725197239 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Forward Industries (FORD) traded up $0.10 during trading on Wednesday, hitting $1.32. The company had a trading volume of 634,500 shares, compared to its average volume of 102,130. Forward Industries has a 12-month low of $1.02 and a 12-month high of $1.65. The firm has a market capitalization of $11.69, a P/E ratio of 22.00 and a beta of -1.47.

Forward Industries (NASDAQ:FORD) last released its earnings results on Thursday, December 14th. The textile maker reported $0.02 EPS for the quarter. Forward Industries had a return on equity of 6.76% and a net margin of 2.34%.

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About Forward Industries

Forward Industries, Inc designs and distributes carry and protective solutions, primarily for hand held electronic devices, including soft-sided carrying cases, bags, clips, hand straps, protective plates and other accessories. The Company operates in the design and distribution of carry and protective solutions, primarily for hand held electronic devices segment.

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