Finward Bancorp (OTCMKTS:FNWD) Stock Price Down 1.9% – Here’s Why

Finward Bancorp (OTCMKTS:FNWD) was down 1.9% during trading on Thursday . The stock traded as low as $35.96 and last traded at $36.50. Approximately 3,067 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 16,457 shares. The stock had previously closed at $37.22.

Finward Bancorp Price Performance

The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.10. The business’s 50 day moving average price is $36.70 and its two-hundred day moving average price is $34.29. The stock has a market cap of $157.94 million, a P/E ratio of 11.85 and a beta of 0.33.

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.