Finward Bancorp (OTCMKTS:FNWD) Shares Down 0.5% – Here’s Why

Finward Bancorp (OTCMKTS:FNWD)’s stock price fell 0.5% on Thursday . The company traded as low as $28.00 and last traded at $28.00. 1,630 shares traded hands during trading, a decline of 8% from the average session volume of 1,766 shares. The stock had previously closed at $28.15.

Finward Bancorp Price Performance

The company has a market capitalization of $120.79 million, a price-to-earnings ratio of 9.09 and a beta of 0.54. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.10. The company has a 50 day simple moving average of $30.35 and a 200 day simple moving average of $29.08.

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

About Finward Bancorp

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.