Forward Air Corp (FWRD) was among the biggest gainers on the Russell 2000 for Tuesday February 16 as the stock popped 5.97% to $39.75, representing a gain of $2.24 per share. Some 213,256 shares traded hands on 2,633 trades, compared with an average daily volume of 205,606 shares out of a total float of 30.83 million. The stock opened at $37.91 and traded with an intraday range of $40.45 to $37.71.
After today's gains, Forward Air Corp reached a market cap of $1.23 billion. Forward Air Corp has had a trading range between $57.65 and $36.00 over the last year, and it had a 50-day SMA of $42.82 and a 200-day SMA of $46.77.
The stock has a P/E Ratio of 21.
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.
Forward Air Corp is based out of Greeneville, TN and has some 3,902 employees. Its CEO is 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.
The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
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