Finward Bancorp (OTCMKTS:FNWD) Trading Down 0.5% – Should You Sell?

Finward Bancorp (OTCMKTS:FNWD) dropped 0.5% during trading on Thursday . The company traded as low as $28.00 and last traded at $28.00. Approximately 1,630 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 1,766 shares. The stock had previously closed at $28.15.

Finward Bancorp Stock Performance

The firm has a 50-day simple moving average of $30.28 and a two-hundred day simple moving average of $29.11. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.10. The company has a market capitalization of $118.42 million, a price-to-earnings ratio of 8.91 and a beta of 0.54.

Finward Bancorp (OTCMKTS:FNWD) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.14 EPS for the quarter. The firm had revenue of $14.87 million for the quarter. Finward Bancorp had a return on equity of 10.52% and a net margin of 14.46%. As a group, sell-side analysts forecast that Finward Bancorp will post 2.15 earnings per share for the current fiscal year.

Finward Bancorp Company Profile

Finward Bancorp operates as the holding company for Peoples Bank that provides various banking products and services. The company's deposit products include non-interest- and interest-bearing demand accounts, savings accounts, money market deposit accounts, certificate accounts, and retirement savings plans.