Finward Bancorp (OTCMKTS:FNWD) Stock Price Down 2.2% – Here’s What Happened

Shares of Finward Bancorp (OTCMKTS:FNWD) dropped 2.2% during trading on Tuesday . The stock traded as low as $34.06 and last traded at $34.06. Approximately 16,573 shares traded hands during trading, a decline of 8% from the average daily volume of 18,024 shares. The stock had previously closed at $34.83.

Finward Bancorp Trading Down 2.2%

The firm’s 50 day moving average price is $36.46 and its 200-day moving average price is $32.36. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.87 and a quick ratio of 0.87. The stock has a market cap of $147.38 million, a P/E ratio of 11.06 and a beta of 0.31.

Finward Bancorp Company Profile

Finward Bancorp operates as the holding company for Peoples Bank that provides various banking products and services. The company's deposit products include non-interest- and interest-bearing demand accounts, savings accounts, money market deposit accounts, certificate accounts, and retirement savings plans. Its loan products portfolio comprises residential mortgage loans that enable borrowers to purchase existing homes, refinance existing homes, or construct new homes; construction loans primarily to individuals and contractors; commercial real estate loans; consumer loans to individuals for personal, household, or family purposes; home equity line of credit; home improvement loans and equity loans; commercial business loans; government loans; and loans to municipalities.