Forward Industries Inc FWDI
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Trading Information
- Previous Close Price
- $7.15
- Day Range
- $6.81–7.18
- 52-Week Range
- $3.48–22.97
- Bid/Ask
- $6.80 / $6.91
- Shares Outstanding
- 76.29M
- Market Cap
- $527.15M
- Volume/Avg
- 1M / 2M
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 9.91
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Dividend Payment Schedule
- —
- Total Yield
- —
Company Profile
Forward Industries Inc is a Solana-focused digital asset treasury company, with the idea to buy, hold, stake, trade, invest in, and grow SOL and SOL-related digital assets, protocols, and businesses. Its mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with, providing tools to, and investing in the Solana network, Solana developers, and Solana-related projects in order to increase shareholder value. In connection with a private placement transaction in September 2025, it launched a digital asset treasury idea supported by investors and operating partners, including Galaxy Digital and Jump Crypto.
- Sector
- Financial Services
- Industry
- Asset Management
- Stock Style Box
- Small Growth
- Total Number of Employees
- 60
Valuation
|
Metric
|
FWDI
|
|---|---|
Price/Earnings (Normalized) | — |
Price/Book Value | 1.08 |
Price/Sales | 9.91 |
Price/Cash Flow | — |
Price/Earnings
FWDI
Financial Strength
|
Metric
|
FWDI
|
|---|---|
Quick Ratio | 0.12 |
Current Ratio | 0.17 |
Interest Coverage | −1,868.98 |
Quick Ratio
FWDI
Profitability
|
Metric
|
FWDI
|
|---|---|
Return on Assets (Normalized) | −12.69% |
Return on Equity (Normalized) | −13.48% |
Return on Invested Capital (Normalized) | −12.81% |
Return on Assets
FWDI
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1-Day Chart
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United States