Shares of Forward Industries, Inc. (NASDAQ:FORD) are on our watchlist today as the stock has moved -4.38% from the open, touching $1.31 on a recent trade. While the stock has a nice low price tag to it, does it have any value?
Sometimes the stock market can be very confusing, even for the most seasoned investors. Even when expectations are met as predicted, the market may decide to move otherwise. This can cause uncertainty and second guessing. Keeping up with historical data as well as short-term and long-term trends may be very helpful. Over the past week, Forward Industries, Inc. (NASDAQ:FORD) shares have performed -1.50%. Pushing back over the last quarter, shares are 13.90%. Looking at stock performance for the past six months, shares are 18.02%. Since the start of the calendar year, shares have performed 4.80%.
Let’s take a quick look at some possible support and resistence levels for the stock. According to a recent spotcheck, company Forward Industries, Inc. (NASDAQ:FORD) have been seen trading -11.49% away from the 50- day high. On the opposite end, shares have been trading 15.93% away from the 50-day low price. Taking a wider perspective, shares have been recently trading -20.61% off the 52-week high and 28.43% away from the 52-week low.
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