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Forward Industries Inc
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PenkeI guess you are interested in Forward Industries Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Forward Industries Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Forward Industries Inc (30 sec.)










What can you expect buying and holding a share of Forward Industries Inc? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
20.0%

What is your share worth?

Current worth
$0.23
Expected worth in 1 year
$-0.12
How sure are you?
47.5%

+ What do you gain per year?

Total Gains per Share
$-0.35
Return On Investment
-58.0%

For what price can you sell your share?

Current Price per Share
$0.61
Expected price per share
$0.46 - $0.6855
How sure are you?
50%

1. Valuation of Forward Industries Inc (5 min.)




Live pricePrice per Share (EOD)

$0.61

Intrinsic Value Per Share

$-5.70 - $4.21

Total Value Per Share

$-5.47 - $4.44

2. Growth of Forward Industries Inc (5 min.)




Is Forward Industries Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$2.3m$6.6m-$3m-83.8%

How much money is Forward Industries Inc making?

Current yearPrevious yearGrowGrow %
Making money-$915.1k-$504.6k-$410.5k-44.9%
Net Profit Margin-13.9%-4.9%--

How much money comes from the company's main activities?

3. Financial Health of Forward Industries Inc (5 min.)




4. Comparing to competitors in the Footwear & Accessories industry (5 min.)




  Industry Rankings (Footwear & Accessories)  


Richest
#103 / 107

Most Revenue
#93 / 107

Most Profit
#80 / 107

What can you expect buying and holding a share of Forward Industries Inc? (5 min.)

Welcome investor! Forward Industries Inc's management wants to use your money to grow the business. In return you get a share of Forward Industries Inc.

What can you expect buying and holding a share of Forward Industries Inc?

First you should know what it really means to hold a share of Forward Industries Inc. And how you can make/lose money.

Speculation

The Price per Share of Forward Industries Inc is $0.6074. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Forward Industries Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Forward Industries Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $0.23. Based on the TTM, the Book Value Change Per Share is $-0.09 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.04 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Forward Industries Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.04-5.8%-0.09-15.0%-0.05-8.1%-0.05-8.0%-0.03-4.5%
Usd Book Value Change Per Share-0.03-5.0%-0.09-14.5%-0.04-6.5%-0.04-6.8%-0.02-2.9%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.058.7%
Usd Total Gains Per Share-0.03-5.0%-0.09-14.5%-0.04-6.5%-0.04-6.8%0.045.8%
Usd Price Per Share0.73-0.89-1.40-1.46-1.37-
Price to Earnings Ratio-5.18--3.48--7.88--9.17--1.25-
Price-to-Total Gains Ratio-24.19--14.99--71.49-33.58-40.67-
Price to Book Ratio3.17-2.62-2.11-2.31-1.89-
Price-to-Total Gains Ratio-24.19--14.99--71.49-33.58-40.67-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.6074
Number of shares1646
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.09-0.04
Usd Total Gains Per Share-0.09-0.04
Gains per Quarter (1646 shares)-145.08-67.63
Gains per Year (1646 shares)-580.32-270.53
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-580-5900-271-281
20-1161-11700-541-552
30-1741-17500-812-823
40-2321-23300-1082-1094
50-2902-29100-1353-1365
60-3482-34900-1623-1636
70-4062-40700-1894-1907
80-4643-46500-2164-2178
90-5223-52300-2435-2449
100-5803-58100-2705-2720

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%2.010.00.016.7%3.017.00.015.0%16.024.00.040.0%52.057.04.046.0%
Book Value Change Per Share0.04.00.00.0%2.010.00.016.7%4.016.00.020.0%19.021.00.047.5%58.052.03.051.3%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%8.00.032.020.0%10.00.0103.08.8%
Total Gains per Share0.04.00.00.0%2.010.00.016.7%4.016.00.020.0%19.021.00.047.5%59.052.02.052.2%

Fundamentals of Forward Industries Inc

About Forward Industries Inc

Forward Industries, Inc., together with its subsidiaries, designs, manufactures, sources, markets, and distributes carry and protective solutions. The company operates in two segments: OEM Distribution and Design. The OEM Distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits; and various other portable electronic and non-electronic products, such as sporting and recreational products, bar code scanners, GPS location devices, tablets, and firearms. The Design segment provides hardware and software product design and engineering services. The company sells its products to original equipment manufacturers in the United States, China, Germany, Poland, and internationally. Forward Industries, Inc. was incorporated in 1961 and is based in Hauppauge, New York.

Fundamental data was last updated by Penke on 2024-03-20 17:24:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Forward Industries Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Forward Industries Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Forward Industries Inc to the Footwear & Accessories industry mean.
  • A Net Profit Margin of -5.0% means that $-0.05 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Forward Industries Inc:

  • The MRQ is -5.0%. The company is making a loss. -1
  • The TTM is -13.9%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-5.0%TTM-13.9%+9.0%
TTM-13.9%YOY-4.9%-9.0%
TTM-13.9%5Y-6.3%-7.6%
5Y-6.3%10Y-3.3%-3.0%
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.0%3.7%-8.7%
TTM-13.9%3.7%-17.6%
YOY-4.9%3.0%-7.9%
5Y-6.3%1.9%-8.2%
10Y-3.3%3.6%-6.9%
1.1.2. Return on Assets

Shows how efficient Forward Industries Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Forward Industries Inc to the Footwear & Accessories industry mean.
  • -2.2% Return on Assets means that Forward Industries Inc generated $-0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Forward Industries Inc:

  • The MRQ is -2.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -5.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.2%TTM-5.0%+2.9%
TTM-5.0%YOY-2.3%-2.7%
TTM-5.0%5Y-2.8%-2.3%
5Y-2.8%10Y-1.5%-1.3%
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.2%2.1%-4.3%
TTM-5.0%2.1%-7.1%
YOY-2.3%1.2%-3.5%
5Y-2.8%1.2%-4.0%
10Y-1.5%1.7%-3.2%
1.1.3. Return on Equity

Shows how efficient Forward Industries Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Forward Industries Inc to the Footwear & Accessories industry mean.
  • -15.3% Return on Equity means Forward Industries Inc generated $-0.15 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Forward Industries Inc:

  • The MRQ is -15.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -29.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-15.3%TTM-29.3%+14.0%
TTM-29.3%YOY-7.7%-21.6%
TTM-29.3%5Y-10.2%-19.1%
5Y-10.2%10Y-5.4%-4.8%
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-15.3%3.5%-18.8%
TTM-29.3%3.8%-33.1%
YOY-7.7%2.8%-10.5%
5Y-10.2%2.2%-12.4%
10Y-5.4%3.0%-8.4%

1.2. Operating Efficiency of Forward Industries Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Forward Industries Inc is operating .

  • Measures how much profit Forward Industries Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Forward Industries Inc to the Footwear & Accessories industry mean.
  • An Operating Margin of -5.1% means the company generated $-0.05  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Forward Industries Inc:

  • The MRQ is -5.1%. The company is operating very inefficient. -2
  • The TTM is 5.3%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ-5.1%TTM5.3%-10.3%
TTM5.3%YOY-4.7%+9.9%
TTM5.3%5Y-2.3%+7.6%
5Y-2.3%10Y-1.1%-1.2%
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.1%7.4%-12.5%
TTM5.3%5.8%-0.5%
YOY-4.7%4.5%-9.2%
5Y-2.3%4.0%-6.3%
10Y-1.1%5.0%-6.1%
1.2.2. Operating Ratio

Measures how efficient Forward Industries Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Footwear & Accessories industry mean).
  • An Operation Ratio of 1.05 means that the operating costs are $1.05 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Forward Industries Inc:

  • The MRQ is 1.053. The company is inefficient in keeping operating costs low. -1
  • The TTM is 0.948. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ1.053TTM0.948+0.105
TTM0.948YOY1.047-0.099
TTM0.9485Y1.023-0.075
5Y1.02310Y1.014+0.009
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0531.398-0.345
TTM0.9481.411-0.463
YOY1.0471.422-0.375
5Y1.0231.384-0.361
10Y1.0141.176-0.162

1.3. Liquidity of Forward Industries Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Forward Industries Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Footwear & Accessories industry mean).
  • A Current Ratio of 0.93 means the company has $0.93 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Forward Industries Inc:

  • The MRQ is 0.928. The company is just not able to pay all its short-term debts. -1
  • The TTM is 1.123. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ0.928TTM1.123-0.195
TTM1.123YOY1.395-0.272
TTM1.1235Y1.484-0.361
5Y1.48410Y2.073-0.589
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9281.867-0.939
TTM1.1231.762-0.639
YOY1.3951.866-0.471
5Y1.4841.800-0.316
10Y2.0731.895+0.178
1.3.2. Quick Ratio

Measures if Forward Industries Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Forward Industries Inc to the Footwear & Accessories industry mean.
  • A Quick Ratio of 0.85 means the company can pay off $0.85 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Forward Industries Inc:

  • The MRQ is 0.846. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.935. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.846TTM0.935-0.089
TTM0.935YOY0.965-0.031
TTM0.9355Y1.193-0.258
5Y1.19310Y1.686-0.493
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8460.817+0.029
TTM0.9350.833+0.102
YOY0.9650.881+0.084
5Y1.1930.920+0.273
10Y1.6860.946+0.740

1.4. Solvency of Forward Industries Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Forward Industries Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Forward Industries Inc to Footwear & Accessories industry mean.
  • A Debt to Asset Ratio of 0.86 means that Forward Industries Inc assets are financed with 85.8% credit (debt) and the remaining percentage (100% - 85.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Forward Industries Inc:

  • The MRQ is 0.858. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.807. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.858TTM0.807+0.051
TTM0.807YOY0.699+0.108
TTM0.8075Y0.649+0.158
5Y0.64910Y0.520+0.129
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8580.460+0.398
TTM0.8070.462+0.345
YOY0.6990.499+0.200
5Y0.6490.475+0.174
10Y0.5200.445+0.075
1.4.2. Debt to Equity Ratio

Measures if Forward Industries Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Forward Industries Inc to the Footwear & Accessories industry mean.
  • A Debt to Equity ratio of 606.6% means that company has $6.07 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Forward Industries Inc:

  • The MRQ is 6.066. The company is unable to pay all its debts with equity. -1
  • The TTM is 4.514. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ6.066TTM4.514+1.552
TTM4.514YOY2.343+2.171
TTM4.5145Y2.243+2.272
5Y2.24310Y1.450+0.793
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ6.0660.874+5.192
TTM4.5140.878+3.636
YOY2.3430.993+1.350
5Y2.2430.955+1.288
10Y1.4500.844+0.606

2. Market Valuation of Forward Industries Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Forward Industries Inc generates.

  • Above 15 is considered overpriced but always compare Forward Industries Inc to the Footwear & Accessories industry mean.
  • A PE ratio of -5.18 means the investor is paying $-5.18 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Forward Industries Inc:

  • The EOD is -4.313. Based on the earnings, the company is expensive. -2
  • The MRQ is -5.179. Based on the earnings, the company is expensive. -2
  • The TTM is -3.476. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-4.313MRQ-5.179+0.866
MRQ-5.179TTM-3.476-1.703
TTM-3.476YOY-7.876+4.400
TTM-3.4765Y-9.171+5.695
5Y-9.17110Y-1.247-7.924
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD-4.3138.637-12.950
MRQ-5.1798.740-13.919
TTM-3.47612.137-15.613
YOY-7.87611.043-18.919
5Y-9.17112.759-21.930
10Y-1.24716.343-17.590
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Forward Industries Inc:

  • The EOD is 15.862. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 19.048. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 16.357. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD15.862MRQ19.048-3.186
MRQ19.048TTM16.357+2.691
TTM16.357YOY-1.185+17.542
TTM16.3575Y16.038+0.319
5Y16.03810Y6.437+9.601
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD15.8624.158+11.704
MRQ19.0484.095+14.953
TTM16.3573.491+12.866
YOY-1.1850.994-2.179
5Y16.0380.432+15.606
10Y6.4372.736+3.701
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Forward Industries Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Footwear & Accessories industry mean).
  • A PB ratio of 3.17 means the investor is paying $3.17 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Forward Industries Inc:

  • The EOD is 2.642. Based on the equity, the company is underpriced. +1
  • The MRQ is 3.173. Based on the equity, the company is fair priced.
  • The TTM is 2.623. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.642MRQ3.173-0.531
MRQ3.173TTM2.623+0.550
TTM2.623YOY2.109+0.514
TTM2.6235Y2.313+0.311
5Y2.31310Y1.894+0.419
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD2.6421.446+1.196
MRQ3.1731.485+1.688
TTM2.6231.428+1.195
YOY2.1091.617+0.492
5Y2.3131.645+0.668
10Y1.8942.018-0.124
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Forward Industries Inc.

3.1. Institutions holding Forward Industries Inc

Institutions are holding 13.238% of the shares of Forward Industries Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Renaissance Technologies Corp5.26120.0006529340-5400-1.0098
2023-12-31BlackRock Inc3.7885038117000
2023-12-31Vanguard Group Inc2.17150218480-22565-9.3613
2023-12-31State Street Corporation0.555605590000
2023-12-31Susquehanna International Group, LLP0.3688037108371080
2023-12-31TWO SIGMA SECURITIES, LLC0.31090.000231284312840
2023-12-31Geode Capital Management, LLC0.269302709500
2023-12-31Millennium Management LLC0.1465014739147390
2023-12-31Miracle Mile Advisors, INC.0.10010.00021006700
2023-12-31Tower Research Capital LLC0.09070.00019127-26-0.2841
2023-12-31Morgan Stanley - Brokerage Accounts0.05770580700
2023-12-31UBS Group AG0.01970198018521446.875
2023-12-31Bank of America Corp0.00990100000
2023-12-31Wells Fargo & Co0.0010102-158-60.7692
2023-09-30Royal Bank of Canada0.00101001000
2023-12-31Advisor Group Holdings, Inc.0.001010000
2023-12-31TD Waterhouse Canada Inc000-500-100
2023-12-31GMT Capital Corp000-91800-100
2023-12-31Grassi Investment Management LLC000-15500-100
2023-12-31JPMorgan Chase & Co000-7-100
Total 13.15340.00111323399-50873-3.8%

3.2. Funds holding Forward Industries Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29Vanguard Institutional Extnd Mkt Idx Tr1.00660.000110127100
2023-12-31BlackRock U.S. Equity Market F0.62520.0003629041130.18
2023-09-30BlackRock Extended Mkt Composite0.38670.00023890500
2024-02-29Vanguard Total Stock Mkt Idx Inv0.3791038143-4938-11.4621
2023-12-31BlackRock Extended Equity Market K0.33730.000233941-68-0.1999
2024-01-31Fidelity Extended Market Index0.23140.00012327800
2023-12-31NT Ext Equity Mkt Idx Fd - L0.04220.0001424500
2023-12-31Northern Trust Extended Eq Market Idx0.04220.0001424500
2023-12-31Extended Equity Market Fund M0.04170.000241972005.0038
2024-01-31Fidelity Series Total Market Index0.03790381700
2023-12-31SSgA U.S. Extended Market Index Class I0.02910.0001292500
2024-02-29State St US Extended Mkt Indx NL Cl C0.02910.0001292500
2023-12-31NT Ext Equity Mkt Idx Fd - NL0.02660267700
2023-12-31NT Ext Equity Mkt Idx Fd - DC - NL - T20.02140215040.1864
2023-12-31Northern Trust Wilshire 50000.01120112500
2023-12-31NT US Market Cap Idx Fd - L0.01120112500
2023-12-31SSgA U.S. Total Market Index Strategy0.00840844-20-2.3148
2023-12-31NT Ext Eq Mkt Indx Fd DC Lending Tier 50.000908700
Total 3.26820.0015328804-4709-1.4%

3.3. Insider Transactions

Insiders are holding 31.05% of the shares of Forward Industries Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2022-12-20Sharon Hemond HrynkowBUY98551.14
2021-12-13Mitchell MaimanSELL40001.73
2021-12-13Paul Jean SeverinoSELL20001.99
2021-11-12Mitchell MaimanSELL40002.2
2021-11-08Paul Jean SeverinoSELL20002.22
2021-10-12Mitchell MaimanSELL60002.13
2021-10-06Paul Jean SeverinoSELL60002.18
2021-09-13Mitchell MaimanSELL60002.37
2021-09-07Paul Jean SeverinoSELL60002.47
2021-09-01James W ZiglarSELL300002.52
2021-08-12Mitchell MaimanSELL60002.61
2021-08-06Paul Jean SeverinoSELL60002.65
2021-07-12Mitchell MaimanSELL100002.75
2021-06-17Howard J MorganSELL784192.96
2021-06-14Mitchell MaimanSELL100002.77
2021-05-07Paul Jean SeverinoSELL100002.3
2021-04-12Mitchell MaimanSELL100002.92
2021-04-09Paul Jean SeverinoSELL100002.98
2021-03-22Thomas Edward KramerSELL288052.95

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Forward Industries Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.030-0.088+192%-0.040+32%-0.041+36%-0.018-42%
Book Value Per Share--0.2300.358-36%0.658-65%0.652-65%0.762-70%
Current Ratio--0.9281.123-17%1.395-33%1.484-37%2.073-55%
Debt To Asset Ratio--0.8580.807+6%0.699+23%0.649+32%0.520+65%
Debt To Equity Ratio--6.0664.514+34%2.343+159%2.243+170%1.450+318%
Dividend Per Share----0%-0%-0%0.053-100%
Eps---0.035-0.091+158%-0.049+40%-0.049+38%-0.027-23%
Free Cash Flow Per Share--0.0100.030-68%0.002+287%0.001+759%-0.119+1346%
Free Cash Flow To Equity Per Share---0.0150.017-188%-0.002-84%-0.005-65%-0.127+733%
Gross Profit Margin--2.0411.881+9%2.496-18%2.536-20%0.150+1265%
Intrinsic Value_10Y_max--4.213--------
Intrinsic Value_10Y_min---5.703--------
Intrinsic Value_1Y_max--0.126--------
Intrinsic Value_1Y_min---0.496--------
Intrinsic Value_3Y_max--0.605--------
Intrinsic Value_3Y_min---1.565--------
Intrinsic Value_5Y_max--1.355--------
Intrinsic Value_5Y_min---2.707--------
Market Cap6111172.880-20%7338639.2808966541.440-18%14064299.950-48%14794625.570-50%13846894.127-47%
Net Profit Margin---0.050-0.139+181%-0.049-1%-0.063+28%-0.033-33%
Operating Margin---0.0510.053-196%-0.047-8%-0.023-54%-0.011-78%
Operating Ratio--1.0530.948+11%1.047+1%1.023+3%1.014+4%
Pb Ratio2.642-20%3.1732.623+21%2.109+50%2.313+37%1.894+68%
Pe Ratio-4.313+17%-5.179-3.476-33%-7.876+52%-9.171+77%-1.247-76%
Price Per Share0.607-20%0.7290.891-18%1.398-48%1.456-50%1.369-47%
Price To Free Cash Flow Ratio15.862-20%19.04816.357+16%-1.185+106%16.038+19%6.437+196%
Price To Total Gains Ratio-20.142+17%-24.187-14.991-38%-71.486+196%33.580-172%40.674-159%
Quick Ratio--0.8460.935-10%0.965-12%1.193-29%1.686-50%
Return On Assets---0.022-0.050+133%-0.023+7%-0.028+28%-0.015-31%
Return On Equity---0.153-0.293+91%-0.077-49%-0.102-33%-0.054-65%
Total Gains Per Share---0.030-0.088+192%-0.040+32%-0.041+36%0.035-185%
Usd Book Value--2312852.0003604289.750-36%6623778.250-65%6602836.700-65%7684963.075-70%
Usd Book Value Change Per Share---0.030-0.088+192%-0.040+32%-0.041+36%-0.018-42%
Usd Book Value Per Share--0.2300.358-36%0.658-65%0.652-65%0.762-70%
Usd Dividend Per Share----0%-0%-0%0.053-100%
Usd Eps---0.035-0.091+158%-0.049+40%-0.049+38%-0.027-23%
Usd Free Cash Flow--96318.000298745.000-68%24895.250+287%12301.400+683%-1199461.550+1345%
Usd Free Cash Flow Per Share--0.0100.030-68%0.002+287%0.001+759%-0.119+1346%
Usd Free Cash Flow To Equity Per Share---0.0150.017-188%-0.002-84%-0.005-65%-0.127+733%
Usd Market Cap6111172.880-20%7338639.2808966541.440-18%14064299.950-48%14794625.570-50%13846894.127-47%
Usd Price Per Share0.607-20%0.7290.891-18%1.398-48%1.456-50%1.369-47%
Usd Profit---354220.000-915177.750+158%-504663.000+42%-491215.900+39%-259373.225-27%
Usd Revenue--7151951.0008257644.750-13%10383330.750-31%9345187.200-23%8469734.275-16%
Usd Total Gains Per Share---0.030-0.088+192%-0.040+32%-0.041+36%0.035-185%
 EOD+4 -4MRQTTM+13 -21YOY+13 -215Y+13 -2110Y+8 -28

4.2. Fundamental Score

Let's check the fundamental score of Forward Industries Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-4.313
Price to Book Ratio (EOD)Between0-12.642
Net Profit Margin (MRQ)Greater than0-0.050
Operating Margin (MRQ)Greater than0-0.051
Quick Ratio (MRQ)Greater than10.846
Current Ratio (MRQ)Greater than10.928
Debt to Asset Ratio (MRQ)Less than10.858
Debt to Equity Ratio (MRQ)Less than16.066
Return on Equity (MRQ)Greater than0.15-0.153
Return on Assets (MRQ)Greater than0.05-0.022
Total1/10 (10.0%)

4.3. Technical Score

Let's check the technical score of Forward Industries Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.690
Ma 20Greater thanMa 500.610
Ma 50Greater thanMa 1000.667
Ma 100Greater thanMa 2000.698
OpenGreater thanClose0.600
Total0/5 (0.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Net Working Capital  3,919-8543,066-5902,476-1,942534-1,347-813



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets16,344
Total Liabilities14,031
Total Stockholder Equity2,313
 As reported
Total Liabilities 14,031
Total Stockholder Equity+ 2,313
Total Assets = 16,344

Assets

Total Assets16,344
Total Current Assets10,495
Long-term Assets5,849
Total Current Assets
Cash And Cash Equivalents 3,027
Net Receivables 6,535
Inventory 405
Other Current Assets 392
Total Current Assets  (as reported)10,495
Total Current Assets  (calculated)10,359
+/- 136
Long-term Assets
Property Plant Equipment 3,182
Goodwill 1,759
Intangible Assets 840
Long-term Assets Other 69
Long-term Assets  (as reported)5,849
Long-term Assets  (calculated)5,849
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities11,308
Long-term Liabilities2,723
Total Stockholder Equity2,313
Total Current Liabilities
Short-term Debt 1,276
Short Long Term Debt 850
Accounts payable 392
Other Current Liabilities 9,389
Total Current Liabilities  (as reported)11,308
Total Current Liabilities  (calculated)11,907
+/- 600
Long-term Liabilities
Capital Lease Obligations 3,149
Long-term Liabilities  (as reported)2,723
Long-term Liabilities  (calculated)3,149
+/- 426
Total Stockholder Equity
Common Stock101
Retained Earnings -18,041
Other Stockholders Equity 20,253
Total Stockholder Equity (as reported)2,313
Total Stockholder Equity (calculated)2,313
+/-0
Other
Capital Stock101
Cash and Short Term Investments 3,027
Common Stock Shares Outstanding 10,061
Current Deferred Revenue250
Liabilities and Stockholders Equity 16,344
Net Debt 972
Net Invested Capital 3,163
Net Working Capital -813
Property Plant and Equipment Gross 3,182
Short Long Term Debt Total 3,999



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-311999-12-311999-09-301999-06-301999-03-311998-12-311998-09-301998-06-301998-03-311997-12-311997-09-301997-06-301997-03-311996-12-311996-09-301996-06-301996-03-311995-12-311995-09-301995-06-301995-03-31
> Total Assets 
6,200
6,800
8,400
0
7,900
8,800
8,800
8,500
8,300
9,300
10,000
8,400
7,900
8,200
8,100
7,300
7,500
7,100
9,800
9,500
9,244
8,437
6,937
7,484
6,534
6,321
5,721
6,516
5,633
5,588
5,389
7,141
5,855
6,327
7,180
7,459
7,720
8,566
10,189
12,391
16,220
22,217
29,907
27,343
28,543
27,063
27,782
29,466
27,662
26,991
26,632
27,755
26,037
27,134
26,105
26,485
24,415
24,249
24,480
24,361
24,546
25,576
24,531
24,625
23,246
23,695
22,260
22,668
20,178
18,845
17,112
14,081
13,258
15,236
15,031
15,031
14,931
17,120
16,570
14,323
11,261
12,999
12,778
13,260
12,373
13,008
12,395
12,737
11,004
12,772
13,154
13,718
18,322
18,973
19,228
19,368
16,416
17,368
16,094
18,705
16,185
18,640
19,356
18,609
17,199
18,931
19,856
21,978
21,973
23,229
20,939
21,858
20,288
19,244
17,386
16,344
16,34417,38619,24420,28821,85820,93923,22921,97321,97819,85618,93117,19918,60919,35618,64016,18518,70516,09417,36816,41619,36819,22818,97318,32213,71813,15412,77211,00412,73712,39513,00812,37313,26012,77812,99911,26114,32316,57017,12014,93115,03115,03115,23613,25814,08117,11218,84520,17822,66822,26023,69523,24624,62524,53125,57624,54624,36124,48024,24924,41526,48526,10527,13426,03727,75526,63226,99127,66229,46627,78227,06328,54327,34329,90722,21716,22012,39110,1898,5667,7207,4597,1806,3275,8557,1415,3895,5885,6336,5165,7216,3216,5347,4846,9378,4379,2449,5009,8007,1007,5007,3008,1008,2007,9008,40010,0009,3008,3008,5008,8008,8007,90008,4006,8006,200
   > Total Current Assets 
4,200
4,900
5,900
0
4,800
5,900
5,700
5,400
5,100
6,100
7,000
5,900
5,500
5,800
5,700
4,900
5,100
4,900
8,100
8,000
7,651
6,754
4,818
5,647
4,750
4,380
4,962
5,791
4,982
5,118
4,842
6,592
5,337
5,841
6,550
6,846
7,139
7,906
9,263
11,819
15,423
21,903
29,618
27,077
28,300
26,830
27,540
29,243
27,451
26,760
26,384
27,515
25,590
26,730
25,522
25,753
24,159
24,010
24,258
24,168
24,366
25,410
24,370
24,462
23,031
23,379
21,869
22,249
19,789
18,583
16,933
13,910
13,085
15,072
14,860
14,860
14,750
16,953
16,430
14,177
11,120
12,868
12,659
13,109
12,264
12,913
12,339
12,687
10,959
12,733
13,120
13,672
14,223
14,948
15,212
15,424
12,256
13,010
11,838
10,979
9,963
12,580
12,222
11,658
10,396
11,696
12,795
14,823
14,941
16,371
14,337
15,388
13,973
13,063
11,370
10,495
10,49511,37013,06313,97315,38814,33716,37114,94114,82312,79511,69610,39611,65812,22212,5809,96310,97911,83813,01012,25615,42415,21214,94814,22313,67213,12012,73310,95912,68712,33912,91312,26413,10912,65912,86811,12014,17716,43016,95314,75014,86014,86015,07213,08513,91016,93318,58319,78922,24921,86923,37923,03124,46224,37025,41024,36624,16824,25824,01024,15925,75325,52226,73025,59027,51526,38426,76027,45129,24327,54026,83028,30027,07729,61821,90315,42311,8199,2637,9067,1396,8466,5505,8415,3376,5924,8425,1184,9825,7914,9624,3804,7505,6474,8186,7547,6518,0008,1004,9005,1004,9005,7005,8005,5005,9007,0006,1005,1005,4005,7005,9004,80005,9004,9004,200
       Cash And Cash Equivalents 
100
100
500
0
100
800
200
500
400
1,000
1,400
900
1,200
900
700
500
400
300
1,200
300
887
767
841
568
1,277
1,048
1,377
1,070
995
782
1,207
1,392
1,565
1,990
2,125
2,212
3,055
3,512
4,487
2,981
5,298
10,314
15,292
18,244
19,698
17,287
18,609
21,153
20,799
20,900
20,268
21,298
20,240
20,319
19,862
18,404
18,969
19,570
20,104
19,436
19,673
19,877
18,472
18,121
16,292
15,459
14,912
11,084
9,719
7,186
4,608
3,697
4,024
5,012
6,617
6,617
6,125
7,014
6,477
4,983
2,704
4,287
4,042
3,325
3,269
5,235
4,761
4,241
3,649
4,061
4,623
5,904
3,326
4,342
4,370
4,417
2,386
2,710
3,093
2,069
1,348
3,085
2,925
2,332
1,529
1,605
1,410
2,432
1,541
2,278
2,576
2,332
2,356
2,821
3,180
3,027
3,0273,1802,8212,3562,3322,5762,2781,5412,4321,4101,6051,5292,3322,9253,0851,3482,0693,0932,7102,3864,4174,3704,3423,3265,9044,6234,0613,6494,2414,7615,2353,2693,3254,0424,2872,7044,9836,4777,0146,1256,6176,6175,0124,0243,6974,6087,1869,71911,08414,91215,45916,29218,12118,47219,87719,67319,43620,10419,57018,96918,40419,86220,31920,24021,29820,26820,90020,79921,15318,60917,28719,69818,24415,29210,3145,2982,9814,4873,5123,0552,2122,1251,9901,5651,3921,2077829951,0701,3771,0481,2775688417678873001,2003004005007009001,2009001,4001,0004005002008001000500100100
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
75
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
421
1,312
1,122
406
1,081
1,081
1,226
1,257
1,051
1,051
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000000000000000001,0511,0511,2571,2261,0811,0814061,1221,31242100000000000000000000000000075000000000000000000000000000000000000000000
       Net Receivables 
1,300
2,000
2,600
0
2,200
1,700
2,900
2,600
2,100
2,500
2,900
2,400
1,700
2,300
3,300
2,500
2,300
2,700
4,700
4,500
4,399
3,765
2,525
3,710
1,982
1,998
2,562
3,423
2,583
3,130
2,681
3,874
2,406
2,986
3,460
3,471
2,942
3,349
3,610
7,051
8,671
9,741
12,709
6,940
5,381
5,808
6,069
5,152
3,788
3,276
4,135
3,925
3,539
4,429
3,660
4,906
3,611
3,296
3,259
3,547
3,631
4,167
4,621
4,650
5,265
6,151
4,894
6,998
6,366
6,149
7,533
4,622
4,736
6,223
4,382
4,382
4,568
5,467
6,125
6,154
5,658
5,327
5,454
6,524
5,986
4,729
4,864
5,767
4,425
6,637
6,219
5,600
9,247
9,003
9,025
9,304
7,822
8,465
6,695
7,321
7,369
8,265
7,602
7,729
6,332
7,684
8,761
8,788
8,686
8,738
7,543
8,523
8,185
7,659
6,969
6,535
6,5356,9697,6598,1858,5237,5438,7388,6868,7888,7617,6846,3327,7297,6028,2657,3697,3216,6958,4657,8229,3049,0259,0039,2475,6006,2196,6374,4255,7674,8644,7295,9866,5245,4545,3275,6586,1546,1255,4674,5684,3824,3826,2234,7364,6227,5336,1496,3666,9984,8946,1515,2654,6504,6214,1673,6313,5473,2593,2963,6114,9063,6604,4293,5393,9254,1353,2763,7885,1526,0695,8085,3816,94012,7099,7418,6717,0513,6103,3492,9423,4713,4602,9862,4063,8742,6813,1302,5833,4232,5621,9981,9823,7102,5253,7654,3994,5004,7002,7002,3002,5003,3002,3001,7002,4002,9002,5002,1002,6002,9001,7002,20002,6002,0001,300
       Inventory 
1,800
1,700
2,200
0
1,900
2,600
1,900
1,700
2,000
1,900
900
1,300
1,200
1,500
1,100
1,200
1,300
1,200
1,000
1,900
1,556
811
857
829
848
779
754
1,153
1,252
1,035
719
1,182
1,111
649
708
928
855
762
812
1,421
1,219
1,197
1,113
1,492
2,607
3,140
2,449
2,466
2,149
1,675
1,072
1,355
1,147
1,391
1,364
1,696
1,106
781
666
1,012
822
1,047
1,036
1,396
1,167
1,288
1,045
2,130
1,779
2,152
3,381
3,434
2,449
2,364
2,051
2,051
2,112
2,397
2,375
2,595
2,416
2,884
2,866
2,884
2,687
2,659
2,573
2,550
2,729
1,829
2,121
2,061
1,448
1,361
1,569
1,427
1,433
1,304
1,609
1,100
636
727
1,276
1,257
2,149
1,907
2,063
2,972
3,897
4,872
3,801
4,139
2,921
1,893
334
405
4053341,8932,9214,1393,8014,8723,8972,9722,0631,9072,1491,2571,2767276361,1001,6091,3041,4331,4271,5691,3611,4482,0612,1211,8292,7292,5502,5732,6592,6872,8842,8662,8842,4162,5952,3752,3972,1122,0512,0512,3642,4493,4343,3812,1521,7792,1301,0451,2881,1671,3961,0361,0478221,0126667811,1061,6961,3641,3911,1471,3551,0721,6752,1492,4662,4493,1402,6071,4921,1131,1971,2191,4218127628559287086491,1111,1827191,0351,2521,1537547798488298578111,5561,9001,0001,2001,3001,2001,1001,5001,2001,3009001,9002,0001,7001,9002,6001,90002,2001,7001,800
       Other Current Assets 
1,000
1,100
600
0
600
800
700
600
600
700
1,800
1,300
1,400
1,100
600
700
1,100
700
1,200
1,300
808
1,412
595
540
643
555
270
146
152
170
235
144
255
216
256
235
287
282
354
366
234
651
430
401
613
595
412
472
715
909
909
936
664
592
636
747
473
363
229
173
240
319
241
294
308
481
1,018
2,037
1,924
3,096
989
846
753
1,068
729
730
718
818
402
445
342
369
296
377
323
290
141
129
156
205
158
106
202
242
248
276
614
531
442
490
610
503
419
339
385
501
561
631
816
483
418
394
511
690
379
392
3923796905113944184838166315615013853394195036104904425316142762482422021061582051561291412903233772963693424454028187187307291,0687538469893,0961,9242,0371,0184813082942413192401732293634737476365926649369099097154724125956134014306512343663542822872352562162551442351701521462705556435405951,4128081,3001,2007001,1007006001,1001,4001,3001,80070060060070080060006001,1001,000
   > Long-term Assets 
2,000
1,900
2,500
0
3,100
2,900
3,100
3,100
3,200
3,200
3,000
2,500
2,400
2,400
2,400
2,400
2,400
2,200
1,700
1,500
1,593
1,683
2,120
1,836
1,784
1,942
759
725
651
471
547
550
518
486
630
613
581
660
926
572
797
314
288
266
243
233
242
223
211
231
248
240
447
404
583
732
257
239
222
194
180
165
161
163
214
315
391
419
389
262
179
170
173
164
170
170
181
167
140
146
141
131
120
150
110
95
56
50
44
39
34
46
4,099
4,025
4,016
3,944
4,160
4,358
4,256
7,726
6,222
6,060
7,133
6,950
6,804
7,235
7,061
7,154
7,032
6,858
6,602
6,470
6,316
6,181
6,016
5,849
5,8496,0166,1816,3166,4706,6026,8587,0327,1547,0617,2356,8046,9507,1336,0606,2227,7264,2564,3584,1603,9444,0164,0254,099463439445056951101501201311411461401671811701701641731701792623894193913152141631611651801942222392577325834044472402482312112232422332432662883147975729266605816136304865185505474716517257591,9421,7841,8362,1201,6831,5931,5001,7002,2002,4002,4002,4002,4002,4002,5003,0003,2003,2003,1003,1002,9003,10002,5001,9002,000
       Property Plant Equipment 
800
800
900
0
800
700
700
700
700
700
600
600
600
600
200
300
400
500
500
600
608
575
572
546
545
499
457
427
396
366
341
346
315
283
258
241
212
284
264
293
301
269
244
221
199
182
190
173
160
174
161
163
147
136
125
230
197
179
162
148
134
119
115
117
162
207
302
330
300
235
139
130
133
124
130
130
111
98
99
105
100
90
79
109
97
82
43
37
32
26
21
33
360
327
359
328
307
275
243
3,791
3,703
3,629
3,727
3,641
3,548
4,032
3,911
4,058
3,989
3,868
3,669
3,590
3,488
3,407
3,295
3,182
3,1823,2953,4073,4883,5903,6693,8683,9894,0583,9114,0323,5483,6413,7273,6293,7033,7912432753073283593273603321263237438297109799010010599981111301301241331301392353003303022071621171151191341481621791972301251361471631611741601731901821992212442693012932642842122412582833153463413663964274574995455465725756086005005004003002006006006006007007007007007008000900800800
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,182
2,182
2,182
2,182
2,182
2,182
2,182
2,182
1,167
1,167
1,759
1,759
1,759
1,759
1,759
1,759
1,759
1,759
1,759
1,759
1,759
1,759
1,759
1,759
1,7591,7591,7591,7591,7591,7591,7591,7591,7591,7591,7591,7591,7591,7591,1671,1672,1822,1822,1822,1822,1822,1822,1822,18200000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
327
327
327
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000003273273270000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,493
1,452
1,411
1,371
1,330
1,290
1,249
1,208
1,167
1,126
1,531
1,478
1,425
1,372
1,319
1,265
1,212
1,159
1,106
1,053
1,000
946
893
840
8408939461,0001,0531,1061,1591,2121,2651,3191,3721,4251,4781,5311,1261,1671,2081,2491,2901,3301,3711,4111,4521,49300000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Long-term Assets Other 
1,200
1,100
1,600
0
2,300
2,200
2,400
2,400
2,500
2,500
2,400
1,900
1,800
1,800
2,200
2,100
2,000
1,700
1,200
900
985
1,109
1,548
1,290
1,239
1,443
302
297
255
105
41
41
41
41
41
41
38
46
45
45
44
44
44
44
44
51
52
50
50
58
58
77
57
57
98
95
60
60
60
46
46
46
46
46
52
109
89
89
89
28
40
40
40
40
40
40
70
69
41
41
41
41
41
41
13
13
13
13
13
13
13
13
64
64
64
64
340
284
255
217
184
138
117
72
72
72
72
72
72
72
69
69
69
69
69
69
6969696969697272727272727211713818421725528434064646464131313131313131341414141414169704040404040402889898910952464646464660606095985757775858505052514444444444454546384141414141411052552973021,4431,2391,2901,5481,1099859001,2001,7002,0002,1002,2001,8001,8001,9002,4002,5002,5002,4002,4002,2002,30001,6001,1001,200
> Total Liabilities 
4,000
4,700
7,100
0
6,700
5,400
5,100
4,700
4,500
5,200
5,800
3,600
3,000
3,200
4,600
3,200
3,400
2,900
4,700
3,800
3,585
2,815
1,775
2,048
1,281
1,374
2,872
3,529
2,595
2,302
1,685
2,913
1,455
1,786
1,884
1,872
1,558
1,878
2,571
3,313
3,489
4,666
7,064
3,159
4,296
2,531
2,832
4,143
2,373
2,142
2,208
3,604
2,169
3,333
2,396
2,934
1,852
1,693
1,958
1,976
2,214
3,103
3,325
3,307
2,428
3,438
3,578
5,360
4,233
6,416
7,924
4,621
3,542
5,658
5,637
5,637
4,854
6,995
7,383
7,113
4,793
5,992
5,445
5,603
4,520
5,025
4,221
4,362
2,836
4,035
4,224
4,745
7,855
8,035
8,128
8,788
6,830
7,853
8,383
11,042
9,857
12,458
12,773
10,783
10,045
11,440
12,412
14,315
14,601
16,232
14,673
15,998
15,284
14,760
14,770
14,031
14,03114,77014,76015,28415,99814,67316,23214,60114,31512,41211,44010,04510,78312,77312,4589,85711,0428,3837,8536,8308,7888,1288,0357,8554,7454,2244,0352,8364,3624,2215,0254,5205,6035,4455,9924,7937,1137,3836,9954,8545,6375,6375,6583,5424,6217,9246,4164,2335,3603,5783,4382,4283,3073,3253,1032,2141,9761,9581,6931,8522,9342,3963,3332,1693,6042,2082,1422,3734,1432,8322,5314,2963,1597,0644,6663,4893,3132,5711,8781,5581,8721,8841,7861,4552,9131,6852,3022,5953,5292,8721,3741,2812,0481,7752,8153,5853,8004,7002,9003,4003,2004,6003,2003,0003,6005,8005,2004,5004,7005,1005,4006,70007,1004,7004,000
   > Total Current Liabilities 
2,800
3,300
5,100
0
5,200
4,000
3,800
3,400
3,100
4,000
4,200
3,500
3,000
3,100
4,600
3,200
3,300
2,900
4,700
3,900
3,585
2,697
1,662
1,941
1,180
1,280
2,786
3,449
2,522
2,236
1,626
2,862
1,411
1,786
1,884
1,872
1,558
1,878
2,571
3,313
3,489
4,666
7,064
3,159
4,296
2,531
2,832
4,143
2,373
2,142
2,208
3,604
2,169
3,333
2,396
2,934
1,852
1,693
1,958
1,976
2,214
3,103
3,325
3,307
2,428
3,438
3,578
5,360
4,233
6,416
7,924
4,621
3,542
5,128
4,837
4,837
3,996
6,157
6,434
5,699
4,670
5,873
5,330
5,492
4,462
4,970
4,170
4,314
2,791
3,994
4,187
4,712
6,624
7,334
7,624
8,335
6,405
7,441
8,296
7,636
6,513
8,404
8,826
7,427
5,151
6,125
7,208
10,594
11,042
11,304
9,978
11,469
10,907
10,587
10,836
11,308
11,30810,83610,58710,90711,4699,97811,30411,04210,5947,2086,1255,1517,4278,8268,4046,5137,6368,2967,4416,4058,3357,6247,3346,6244,7124,1873,9942,7914,3144,1704,9704,4625,4925,3305,8734,6705,6996,4346,1573,9964,8374,8375,1283,5424,6217,9246,4164,2335,3603,5783,4382,4283,3073,3253,1032,2141,9761,9581,6931,8522,9342,3963,3332,1693,6042,2082,1422,3734,1432,8322,5314,2963,1597,0644,6663,4893,3132,5711,8781,5581,8721,8841,7861,4112,8621,6262,2362,5223,4492,7861,2801,1801,9411,6622,6973,5853,9004,7002,9003,3003,2004,6003,1003,0003,5004,2004,0003,1003,4003,8004,0005,20005,1003,3002,800
       Short-term Debt 
1,100
1,300
1,600
0
2,300
2,000
1,600
1,700
1,300
1,800
1,600
600
600
1,500
1,800
500
800
900
1,000
800
1,780
810
374
528
24
574
1,526
1,026
1,027
627
28
28
29
0
210,000
0
0
0
0
0
0
0
-470,965
0
0
0
-132,647
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,259
0
0
0
3,542
0
0
0
0
0
2,722
2,418
2,177
3,068
3,047
2,831
2,995
3,241
2,303
3,460
3,861
2,998
343
382
342
1,884
1,906
415
378
387
397
406
416
1,276
1,2764164063973873784151,9061,8843423823432,9983,8613,4602,3033,2412,9952,8313,0473,0682,1772,4182,722000003,5420004,25900000000000000000000000000000000000-132,647000-470,9650000000210,00002928286271,0271,0261,526574245283748101,7808001,0009008005001,8001,5006006001,6001,8001,3001,7001,6002,0002,30001,6001,3001,100
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,877
1,824
1,770
1,715
2,996
2,779
2,955
2,930
2,008
3,197
3,583
2,715
72
29
0
1,550
1,500
0
0
1,350
0
0
0
850
8500001,350001,5001,550029722,7153,5833,1972,0082,9302,9552,7792,9961,7151,7701,8241,87700000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
1,400
1,800
3,100
0
2,100
1,700
1,600
1,200
1,200
1,200
1,900
1,200
900
1,200
1,200
1,200
1,700
1,300
2,300
1,700
1,012
1,125
785
879
901
417
1,052
2,168
1,314
1,254
1,306
2,410
927
1,118
1,141
1,620
1,304
1,313
1,814
2,746
2,663
3,607
5,159
2,218
3,608
2,157
2,141
3,752
2,121
1,843
1,905
3,177
1,946
2,994
2,207
2,674
1,634
1,492
1,824
1,826
2,002
2,689
2,439
2,772
1,827
2,851
2,948
4,084
3,189
4,283
5,937
3,460
2,725
4,223
3,541
3,541
1,114
1,158
667
1,106
4,670
5,873
123
280
152
143
62
145
41
74
67
121
315
229
330
724
286
259
315
279
258
297
197
213
325
235
392
308
464
433
268
576
409
685
519
392
392519685409576268433464308392235325213197297258279315259286724330229315121677441145621431522801235,8734,6701,1066671,1581,1143,5413,5414,2232,7253,4605,9374,2833,1894,0842,9482,8511,8272,7722,4392,6892,0021,8261,8241,4921,6342,6742,2072,9941,9463,1771,9051,8432,1213,7522,1412,1573,6082,2185,1593,6072,6632,7461,8141,3131,3041,6201,1411,1189272,4101,3061,2541,3142,1681,0524179018797851,1251,0121,7002,3001,3001,7001,2001,2001,2009001,2001,9001,2001,2001,2001,6001,7002,10003,1001,8001,400
       Other Current Liabilities 
300
200
400
0
800
300
600
500
600
1,000
700
1,700
1,500
400
1,600
1,500
800
700
1,400
1,400
793
762
503
535
255
288
208
255
181
354
292
424
455
667
743
252
254
565
757
567
826
1,059
1,905
941
688
374
690
391
252
299
303
427
223
340
190
261
217
201
134
150
212
413
885
535
601
587
630
1,276
1,044
2,134
1,987
1,161
817
904
25
1,296
2,882
4,999
5,768
4,593
123
119
4,494
5,212
4,310
4,827
3,798
4,168
2,750
3,920
3,950
4,591
6,631
9,121
4,992
8,914
6,002
8,408
4,766
8,113
6,487
8,243
4,283
8,093
8,690
10,128
6,287
7,649
8,052
9,832
8,893
10,171
9,935
9,232
9,604
9,389
9,3899,6049,2329,93510,1718,8939,8328,0527,6496,28710,1288,6908,0934,2838,2436,4878,1134,7668,4086,0028,9144,9929,1216,6314,5913,9503,9202,7504,1683,7984,8274,3105,2124,4941191234,5935,7684,9992,8821,296259048171,1611,9872,1341,0441,2766305876015358854132121501342012172611903402234273032992523916903746889411,9051,0598265677575652542527436674554242923541812552082882555355037627931,4001,4007008001,5001,6004001,5001,7007001,0006005006003008000400200300
   > Long-term Liabilities 
1,200
1,400
2,000
0
1,500
1,400
1,300
1,300
1,400
1,200
1,600
100
100
100
1,290
0
100
0
0
-100
0
118
113
107
101
94
87
80
73
66
59
52
44
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
149,839
211,758
0
0
535,128
0
587,028
0
1,276,251
0
2,133,518
1,986,991
1,161,251
816,665,000
531
83
799
858
838
949
1,414
123
119
115
111
58
55
51
48
45
41
37
33
1,231
700
504
453
425
412
87
3,407
3,345
4,054
3,947
3,356
4,894
5,315
5,204
3,722
3,559
4,928
4,695
4,529
4,377
4,173
3,934
2,723
2,7233,9344,1734,3774,5294,6954,9283,5593,7225,2045,3154,8943,3563,9474,0543,3453,407874124254535047001,23133374145485155581111151191231,41494983885879983531816,665,0001,161,2511,986,9912,133,51801,276,2510587,0280535,12800211,758149,8390000000000000000000000000044525966738087941011071131180-1000010001,2901001001001,6001,2001,4001,3001,3001,4001,50002,0001,4001,200
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
149
119
118
84
52
35
26
18
11
775
543
8
1,602
1,600
0
0
0
0
0
0
0
0
0
0
00000000001,6001,602854377511182635528411811914900000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Warrants
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
397
717
0
0
804
833
1,288
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000000000000000001,288833804007173970000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
83
83
83
83
34
115
127
123
119
115
111
58
55
51
48
45
41
37
33
1,082
582
386
368
373
376
61
0
0
0
45
60
60
70
45
45
45
70
45
30
0
0
0
0
000030457045454570606045000613763733683865821,082333741454851555811111511912312711534838383830000000000000000000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,082
582
386
368
373
376
61
0
0
0
45
60
60
70
0
0
0
0
0
0
0
0
0
0
000000000070606045000613763733683865821,08200000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
2,200
2,100
1,300
0
1,200
3,400
3,700
3,800
3,800
4,100
4,200
4,800
4,900
5,000
3,500
4,100
4,100
4,200
5,100
5,700
5,659
5,623
5,162
5,435
5,253
4,947
2,848
2,987
3,038
3,286
3,704
4,228
4,400
4,541
5,296
5,588
6,162
6,688
7,619
9,078
12,731
17,551
22,842
24,184
24,247
24,532
24,950
25,323
25,288
24,849
24,424
24,151
23,868
23,801
23,708
23,550
22,564
22,556
22,522
22,385
22,331
22,473
21,206
21,317
20,817
20,257
18,683
17,308
15,945
12,429
9,188
9,459
9,716
9,578
10,111
9,394
10,077
10,124
9,187
7,210
6,468
7,007
7,333
7,657
7,853
7,983
8,174
8,375
8,168
8,737
8,930
8,973
10,467
10,938
11,100
10,581
9,586
9,515
7,711
7,663
6,327
6,182
6,583
7,825
7,154
7,491
7,443
7,662
7,372
6,997
6,266
5,860
5,004
4,484
2,616
2,313
2,3132,6164,4845,0045,8606,2666,9977,3727,6627,4437,4917,1547,8256,5836,1826,3277,6637,7119,5159,58610,58111,10010,93810,4678,9738,9308,7378,1688,3758,1747,9837,8537,6577,3337,0076,4687,2109,18710,12410,0779,39410,1119,5789,7169,4599,18812,42915,94517,30818,68320,25720,81721,31721,20622,47322,33122,38522,52222,55622,56423,55023,70823,80123,86824,15124,42424,84925,28825,32324,95024,53224,24724,18422,84217,55112,7319,0787,6196,6886,1625,5885,2964,5414,4004,2283,7043,2863,0382,9872,8484,9475,2535,4355,1625,6235,6595,7005,1004,2004,1004,1003,5005,0004,9004,8004,2004,1003,8003,8003,7003,4001,20001,3002,1002,200
   Common Stock
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100
100
100
63
63
63
63
63
63
63
63
63
63
63
63
63
63
65
66
66
67
68
69
73
80
84
84
84
84
84
84
84
84
85
85
86
86
86
86
86
86
86
87
87
87
88
88
88
88
88
88
88
88
88
88
88
88
88
88
89
89
92
84
86
86
86
87
88
88
88
88
88
89
89
89
95
95
95
95
95
95
95
95
95
96
99
99
100
100
101
101
101
101
101
101
101
101
101
101
10110110110110110110110110110110010099999695959595959595959589898988888888888786868684928989888888888888888888888888888887878786868686868686858584848484848484848073696867666665636363636363636363636363636310010010000000000000000000
   Retained Earnings 
300
200
-600
0
-1,400
-1,600
-1,800
-1,800
-1,800
-1,700
-1,800
-1,400
-1,400
-1,300
-2,900
-3,100
-3,000
-3,000
-2,000
-15,000
-1,461
-1,496
-2,233
-1,850
-1,808
-2,113
-4,784
-4,646
-4,595
-4,346
-3,929
-3,370
-3,179
-3,000
-2,483
-2,292
-1,802
-1,456
-544
821
2,836
5,408
8,890
9,665
9,728
10,013
10,431
10,804
10,769
10,487
9,878
9,591
9,233
9,122
8,989
8,784
7,733
7,669
7,594
7,408
7,295
7,312
5,910
5,927
5,372
4,690
3,009
1,496
-48
-3,357
-6,625
-6,486
-6,338
-6,583
-7,379
-7,379
-7,425
-7,453
-8,372
-10,347
-11,037
-10,542
-10,281
-10,037
-9,893
-9,815
-9,675
-9,523
-9,761
-9,209
-9,095
-9,049
-8,100
-7,865
-7,716
-8,247
-9,378
-9,482
-11,320
-11,402
-12,773
-12,989
-13,095
-11,896
-12,731
-12,488
-12,572
-12,392
-12,748
-13,167
-13,950
-14,380
-15,251
-15,788
-17,687
-18,041
-18,041-17,687-15,788-15,251-14,380-13,950-13,167-12,748-12,392-12,572-12,488-12,731-11,896-13,095-12,989-12,773-11,402-11,320-9,482-9,378-8,247-7,716-7,865-8,100-9,049-9,095-9,209-9,761-9,523-9,675-9,815-9,893-10,037-10,281-10,542-11,037-10,347-8,372-7,453-7,425-7,379-7,379-6,583-6,338-6,486-6,625-3,357-481,4963,0094,6905,3725,9275,9107,3127,2957,4087,5947,6697,7338,7848,9899,1229,2339,5919,87810,48710,76910,80410,43110,0139,7289,6658,8905,4082,836821-544-1,456-1,802-2,292-2,483-3,000-3,179-3,370-3,929-4,346-4,595-4,646-4,784-2,113-1,808-1,850-2,233-1,496-1,461-15,000-2,000-3,000-3,000-3,100-2,900-1,300-1,400-1,400-1,800-1,700-1,800-1,800-1,800-1,600-1,4000-600200300
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
16,740
16,846
16,983
17,169
16,970
17,021
17,124
17,247
17,647
17,965
17,991
18,692
18,768
18,747
17,494
17,442
17,484
17,550
17,630
17,681
17,732
17,783
17,833
17,863
17,878
17,937
17,933
18,472
18,707
18,720
18,732
18,868
18,902
18,936
18,969
19,006
19,075
19,580
19,623
19,786
19,878
0
0
0
0
0
0
0
0
0
0
000000000019,87819,78619,62319,58019,07519,00618,96918,93618,90218,86818,73218,72018,70718,47217,93317,93717,87817,86317,83317,78317,73217,68117,63017,55017,48417,44217,49418,74718,76818,69217,99117,96517,64717,24717,12417,02116,97017,16916,98316,84616,74000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,260-1,085-1,085-1,057-853-853-853-853-853-853-853-853-853-853-853-778-778-773-773-773-736-717-682-682-682-682-683-682-682-457-356-356-35600000000000000000000
   Other Stockholders Equity 
1,900
1,900
1,900
0
2,600
5,000
5,500
5,600
5,600
5,800
6,000
6,200
6,300
6,300
6,400
7,200
7,100
7,100
7,000
20,600
7,047
7,047
7,324
7,223
6,998
6,998
7,570
7,570
7,570
7,570
7,570
7,535
7,516
7,478
7,714
7,814
7,898
8,077
8,095
8,189
9,821
12,064
13,868
14,435
14,435
14,435
14,435
14,435
14,435
14,279
14,461
14,475
14,549
14,593
14,633
14,680
14,744
14,801
14,842
14,891
14,949
15,074
15,209
15,302
15,357
15,480
15,586
15,723
15,909
15,710
15,761
15,864
15,987
16,094
-20
16,705
33,315
17,507
17,487
17,494
17,442
17,484
17,550
17,630
17,681
17,732
17,783
17,833
17,863
17,878
17,937
17,933
18,472
18,707
18,720
18,732
18,868
18,902
18,936
18,969
19,006
19,075
19,580
19,623
19,786
19,878
19,914
19,953
20,019
20,063
20,116
20,140
20,155
20,171
20,202
20,253
20,25320,20220,17120,15520,14020,11620,06320,01919,95319,91419,87819,78619,62319,58019,07519,00618,96918,93618,90218,86818,73218,72018,70718,47217,93317,93717,87817,86317,83317,78317,73217,68117,63017,55017,48417,44217,49417,48717,50733,31516,705-2016,09415,98715,86415,76115,71015,90915,72315,58615,48015,35715,30215,20915,07414,94914,89114,84214,80114,74414,68014,63314,59314,54914,47514,46114,27914,43514,43514,43514,43514,43514,43513,86812,0649,8218,1898,0958,0777,8987,8147,7147,4787,5167,5357,5707,5707,5707,5707,5706,9986,9987,2237,3247,0477,04720,6007,0007,1007,1007,2006,4006,3006,3006,2006,0005,8005,6005,6005,5005,0002,60001,9001,9001,900



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-09-30)

Gross Profit (+$)
totalRevenue36,688
Cost of Revenue-28,324
Gross Profit8,3648,364
 
Operating Income (+$)
Gross Profit8,364
Operating Expense-8,205
Operating Income160160
 
Operating Expense (+$)
Research Development0
Selling General Administrative6,541
Selling And Marketing Expenses1,664
Operating Expense8,2058,205
 
Net Interest Income (+$)
Interest Income23
Interest Expense-104
Other Finance Cost-0
Net Interest Income-81
 
Pretax Income (+$)
Operating Income160
Net Interest Income-81
Other Non-Operating Income Expenses0
Income Before Tax (EBT)17960
EBIT - interestExpense = 55
-3,717
-3,632
Interest Expense104
Earnings Before Interest and Taxes (EBIT)160283
Earnings Before Interest and Taxes (EBITDA)213
 
After tax Income (+$)
Income Before Tax179
Tax Provision-20
Net Income From Continuing Ops159159
Net Income-3,737
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses36,529
Total Other Income/Expenses Net10081
 

Technical Analysis of Forward Industries Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Forward Industries Inc. The general trend of Forward Industries Inc is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Forward Industries Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Forward Industries Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.63 < 0.67 < 0.6855.

The bearish price targets are: 0.46.

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Forward Industries Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Forward Industries Inc. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Forward Industries Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Forward Industries Inc. The current macd is -0.02220728.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Forward Industries Inc price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Forward Industries Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Forward Industries Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Forward Industries Inc Daily Moving Average Convergence/Divergence (MACD) ChartForward Industries Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Forward Industries Inc. The current adx is 49.77.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Forward Industries Inc shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Forward Industries Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Forward Industries Inc. The current sar is 0.48241866.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Forward Industries Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Forward Industries Inc. The current rsi is 47.69. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Forward Industries Inc Daily Relative Strength Index (RSI) ChartForward Industries Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Forward Industries Inc. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Forward Industries Inc price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Forward Industries Inc Daily Stochastic Oscillator ChartForward Industries Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Forward Industries Inc. The current cci is -44.87937401.

Forward Industries Inc Daily Commodity Channel Index (CCI) ChartForward Industries Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Forward Industries Inc. The current cmo is -0.10415521.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Forward Industries Inc Daily Chande Momentum Oscillator (CMO) ChartForward Industries Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Forward Industries Inc. The current willr is -22.42105263.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Forward Industries Inc is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Forward Industries Inc Daily Williams %R ChartForward Industries Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Forward Industries Inc.

Forward Industries Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Forward Industries Inc. The current atr is 0.05149132.

Forward Industries Inc Daily Average True Range (ATR) ChartForward Industries Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Forward Industries Inc. The current obv is -1,069,625.

Forward Industries Inc Daily On-Balance Volume (OBV) ChartForward Industries Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Forward Industries Inc. The current mfi is 71.94.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Forward Industries Inc Daily Money Flow Index (MFI) ChartForward Industries Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Forward Industries Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-09WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Forward Industries Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Forward Industries Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.690
Ma 20Greater thanMa 500.610
Ma 50Greater thanMa 1000.667
Ma 100Greater thanMa 2000.698
OpenGreater thanClose0.600
Total0/5 (0.0%)
Penke

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