Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Forward Industries ( (FORD) ) just unveiled an update.
On August 8, 2025, Forward Industries converted 610 shares of Series A-1 Preferred Stock into 81,333 shares of common stock, utilizing an exemption from registration under the Securities Act of 1933. The company also appointed Fred Sklenar as CEO and President of its subsidiary, Kablooe Inc., effective August 18, 2025, following Tom KraMer’s resignation. Additionally, the company held its 2025 Annual Shareholders’ Meeting on August 8, 2025, where several proposals were voted on, including the election of directors and changes to the company’s equity incentive plan. Most proposals were approved, except for the proposal to change the company’s state of incorporation from New York to Nevada.
Spark’s Take on FORD Stock
According to Spark, TipRanks’ AI Analyst, FORD is a Neutral.
Forward Industries is currently experiencing financial difficulties, as evidenced by declining revenues, negative margins, and a high debt-to-equity ratio. While technical indicators show bullish momentum, caution is advised due to overbought signals. Valuation metrics highlight the negative earnings, suggesting possible overvaluation concerns.
To see Spark’s full report on FORD stock, click here.
More about Forward Industries
Forward Industries operates in the design and manufacturing industry, focusing on creating innovative products and solutions for various sectors. The company is known for its emphasis on quality and customer satisfaction, catering to a diverse market with its specialized offerings.
Average Trading Volume: 22,893
Technical Sentiment Signal: Buy
Current Market Cap: $15.03M
See more data about FORD stock on TipRanks’ Stock Analysis page.