Finward Bancorp (OTCMKTS:FNWD) Stock Price Down 1.9% – Here’s Why

Finward Bancorp (OTCMKTS:FNWD)’s stock price dropped 1.9% during trading on Thursday . The company traded as low as $35.96 and last traded at $36.50. Approximately 3,067 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 16,457 shares. The stock had previously closed at $37.22.

Finward Bancorp Trading Down 1.9%

The firm’s 50-day simple moving average is $36.70 and its 200-day simple moving average is $34.29. 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 firm has a market capitalization of $157.94 million, a PE ratio of 11.85 and a beta of 0.33.

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. Its loan products portfolio comprises residential mortgage loans that enable borrowers to purchase existing homes, refinance existing homes, or construct new homes; construction loans primarily to individuals and contractors; commercial real estate loans; consumer loans to individuals for personal, household, or family purposes; home equity line of credit; home improvement loans and equity loans; commercial business loans; government loans; and loans to municipalities.