Ford Industries (FORD, Financial) experienced significant stock movement with a notable increase of 5.93%. The stock is currently priced at $3.75 per share, with a trading volume of 12,057 shares and a turnover rate of 1.10%. The stock's amplitude reached 5.46%.
Recent financial reports indicate Ford Industries generated $7.89 million in revenue, but recorded a net loss of $377,067, translating to an earnings per share (EPS) of -$0.36. The company has a gross profit of $1.55 million, and its price-to-earnings (P/E) ratio stands at -1.09. Currently, there are no institutional ratings or recommendations regarding buying, holding, or selling the stock.
Within the footwear accessories industry, which has seen an overall increase of 0.60%, Ford Industries, along with Wolverine Group and Vera Bradley, Inc., shows notable gains. Ford Industries and peers like American Rebel Holdings, Inc. and Wolverine Group are actively traded, with turnover rates of 72.17%, 1.63%, and 1.11% respectively. Stocks with significant price swings include American Rebel Holdings, Inc. at 20.36%, Ford Industries at 8.47%, and Weyco Group at 5.92%.
Ford Industries specializes in carrying and protection solutions for handheld electronic devices. The company designs and distributes protective cases for devices such as smartphones, tablets, PCs, and GPS devices. It operates through two segments: the OEM distribution segment, which procures and distributes cases for medical monitoring kits and various other portable devices, and the design segment, which offers a full range of hardware and software design and engineering services. Most of its revenue is generated from the U.S.
