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How to Buy Forward Industries Stock

Forward Industries Inc

Forward Industries, Inc. , together with its subsidiaries, designs, markets, and distributes carry and protective solutions primarily for handheld electronic devices.

Forward Industries stock last closed at $0.67, up 1.67% from the previous day, and has decreased 42.82% in one year. It has underperformed other stocks in the Footwear & Accessories industry by 1.02 percentage points. Forward Industries stock is currently +14.16% from its 52-week low of $0.59, and -45.43% from its 52-week high of $1.23.

There are currently 10.06M FORD shares outstanding. The market cap of FORD is $6.73M. In the last 24 hours, 4847 FORD shares were traded.

How to Buy Forward Industries Stock

Not sure how to invest in Forward Industries stock? Here's how.
  1. Decide where to buy Forward Industries stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Forward Industries stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your investment account: Pick your payment method and add your details.
  4. Evaluate Forward Industries stock: The Forward Industries ticker symbol is FORD. Is Forward Industries stock a good investment? Should you buy shares of FORD? How do FORD's underlying business fundamentals look? Do top analysts think Forward Industries is a good buy? Why has FORD's stock price moved recently? (Hint: Our stock market research website can help you figure out if FORD is a good stock to buy).
  5. Place your FORD trade: Decide if you will purchase FORD shares at the current market price or use a limit order to purchase FORD stock at a specific price.
  6. Monitor your investment in FORD: Create a watchlist to keep track of your position in Forward Industries shares.

Step 1: Decide where to buy Forward Industries stock

You will need a brokerage account to access the NASDAQ market and buy FORD shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal information so you can invest in FORD today.

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  2. Input your personal data to open a new brokerage account.
  1. Send your details by hitting the "Create Account" button.
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Step 3: Fund your investment account

Now that you've created your account on the highest rated stock app, your next step is to transfer the money for your investment:

Check out the walkthrough below for more details depositing funds into your new brokerage account.

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Step 4: Evaluate Forward Industries stock

Once you have selected the best place to buy Forward Industries stock, it's critical to analyze their stock prior to buying, so you actually comprehend the risk and upside.

Forward Industries stock data

FORD Price
$0.67
1w %
-4.02%
1y %
-42.82%
5y %
-60.18%
P/E
-1.81x
P/B
2.91x
P/S
0.2x
PEG
N/A
Revenue
$33.03M
Earnings
-$3.66M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$6.73M
Next Earnings
N/A
Next Dividend
N/A

Forward Industries Due Diligence Checks

WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis quickly.

You can see all of the due diligence checks on FORD's stock page.

Is FORD stock overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge FORD's intrinsic value.

Using relative valuations measures:

  • FORD may be undervalued based on its P/B ratio of 2.91x, relative to Footwear & Accessories industry P/B ratio of 8.1x

You can access more valuation analysis on FORD's stock here.

FORD Financial Health

Positive Health Checks:

  • FORD's operating cash flow of $1.31M allows it to safely service it's debt of $4.00M.
  • There are more short-term assets than long-term liabilities on the FORD balance sheet.

Negative Health Checks:

  • FORD profit margin has gone down from -5.5% to -11.1% in the past year.
  • FORD has a relatively high debt to equity ratio of 6.07.
  • Total FORD debt is higher than 5 years ago, relative to shareholder equity.
  • There are more short-term liabilities than short-term assets on the FORD balance sheet.
  • FORD earnings of -$3.55M is not enough to cover its interest payments.

FORD Trading Indicators

SMA10
0.71
SMA20
0.71
SMA50
0.71
SMA100
0.73
SMA200
0.82
MACD
-0.01
MACD Signal
0
MACD Histogram
-0.01
RSI
41.39
Stochastic %K
16.32
Stochastic %D
22.45
StochRSI %K
4.44
StochRSI %D
5.41

FORD Revenue

Last year, FORD revenue was $33.03M. During the last 5 year, FORD's revenue has increased by -2.94% per year. This was slower than the Footwear & Accessories industry average of 13.36%.

Learn more about FORD's earnings and revenue performance here.

What are FORD insiders up to?

In the past 12 months, executives and large shareholders at FORD have bought more shares than they have sold.

Sangita Shah, Director of FORD, was the latest FORD insider to buy. They bought $3,084.00 worth of FORD shares on May 25, 2023.

Learn more about who owns FORD stock here.

Can I rely on FORD as an income stream?

No, Forward Industries doesn't provide an income stream by paying out dividends.

What others are saying about FORD

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Place your FORD trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly sufficient.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price, use a limit order.

Hit the Open Trade button and eToro will execute your order.

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Step 6: Monitor your investment in FORD

Now that you own some shares in FORD, you'll want to stay up-to-date on your new stock purchase.

Create a watchlist to keep track of your FORD stock.

FORD Feed

How to Buy Stock in Forward Industries

To summarize, here are the 6 steps for buying Forward Industries stock:

  1. Decide where to buy Forward Industries stock
  2. Create a brokerage account
  3. Fund your investment account
  4. Evaluate Forward Industries stock
  5. Place your FORD trade
  6. Monitor your investment in FORD

If you require a brokerage account, eToro is our recommended option.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to track your investment in Forward Industries, click the button below.

NASDAQ: FORD
$0.67+0.01 (+1.67%)
Updated Feb 23, 2024
Open eToro Account
NASDAQ: FORD
$0.67+0.01 (+1.67%)
Updated Feb 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Forward Industries share?

As of Feb 23, 2024, it costs $0.67 to buy one share of Forward Industries stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.33, you can buy 0.5 shares of FORD.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Forward Industries stock?

One way to place an order for Forward Industries stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.