Forward Air Corp (FWRD) experienced unusually high volume on Feb. 10, as the stock lost 9.83% to a closing price of $38.73. The stock saw 565,636 shares trade hands over the course of the day on 3,525 trades. Given that the stock’s average daily volume over the last month has been 185,850 shares a day, this represents a pretty substantial spike over the norm.
Forward Air Corp has a P/B ratio of 2.43. It also has a P/E ratio of 27. The stock has traded between $57.65 and $36.57 over the last 52-weeks, its 50-day SMA is now $43.49, and its 200-day SMA $46.99.
Forward Air Corp provides surface transportation & logistics services to the North American deferred air freight market. Its operations are classified into three segments: Forward Air, Inc., Forward Air Solutions, Inc., & Total Quality, Inc.
Headquartered in Greeneville, TN, Forward Air Corp has 3,902 employees and is currently under the leadership of CEO Bruce A. Campbell.
For a complete fundamental analysis analysis of Forward Air Corp, check out Equities.com’s Stock Valuation Analysis report for FWRD. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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