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

Finward Bancorp (OTCMKTS:FNWD)’s stock price fell 0.5% during trading on Thursday . The stock traded as low as $30.85 and last traded at $31.00. 1,099 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 5,884 shares. The stock had previously closed at $31.15.

Finward Bancorp Price Performance

The firm has a 50-day simple moving average of $31.24 and a two-hundred day simple moving average of $27.76. The company has a market capitalization of $133.73 million, a price-to-earnings ratio of 11.52 and a beta of 0.53. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.10.

Finward Bancorp (OTCMKTS:FNWD) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $0.14 earnings per share for the quarter. The company had revenue of $14.87 million during the quarter. Finward Bancorp had a return on equity of 10.52% and a net margin of 14.46%. As a group, analysts predict 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.