Finward Bancorp (OTCMKTS:FNWD) Trading Down 3.8% – Here’s Why

Finward Bancorp (OTCMKTS:FNWD)’s stock price fell 3.8% on Wednesday . The stock traded as low as $29.31 and last traded at $29.31. 5,211 shares were traded during mid-day trading, a decline of 9% from the average session volume of 5,757 shares. The stock had previously closed at $30.48.

Finward Bancorp Stock Down 3.8 %

The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.87 and a current ratio of 0.87. The firm has a 50 day simple moving average of $31.14 and a two-hundred day simple moving average of $28.62. The stock has a market cap of $126.44 million, a P/E ratio of 9.52 and a beta of 0.52.

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