Insider Selling: Forward Industries Insider Sells 489,059 Shares of Stock (FORD)
Forward Industries (NASDAQ:FORD) Insider Frank L. Johnson unloaded 489,059 shares of the company’s stock on the open market in a transaction dated Friday, February 21st. The stock was sold at an average price of $1.68, for a total value of $821,619.12. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Forward Industries (NASDAQ:FORD) traded down 1.86% on Friday, hitting $1.58. The stock had a trading volume of 68,245 shares. Forward Industries has a 1-year low of $1.41 and a 1-year high of $2.17. The stock has a 50-day moving average of $1.71 and a 200-day moving average of $1.7. The company’s market cap is $12.9 million.
Forward Industries (NASDAQ:FORD) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.04 EPS for the quarter. The company had revenue of $8.42 million for the quarter, compared to the consensus estimate of $7.00 million.
Forward Industries, Inc (NASDAQ:FORD) designs, markets, and distributes carry and protective solutions primarily for hand held electronic devices, including medical monitoring and diagnostic kits, bar code scanners, global positioning system (GPS) and location devices, cellular telephones, laptop computers, and Moving Picture Experts Group Layer-3 Audio (MP3) players.
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