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Forward Air Corp Shares Up 10.8% Since SmarTrend's Buy Recommendation (FWRD)

By James Quinn

SmarTrend identified an Uptrend for Forward Air Corp (NASDAQ:FWRD) on October 21st, 2019 at $64.31. In approximately 3 weeks, Forward Air Corp has returned 10.77% as of today's recent price of $71.23.

In the past 52 weeks, Forward Air Corp share prices have been bracketed by a low of $51.54 and a high of $72.09 and are now at $71.23, 38% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.3%.

Forward Air Corporation provides transportation services to air freight forwarders, air cargo carriers, and domestic and international airlines. The Company also operates a truckload business that is an irregular route, high service-level carrier that transports a wide range of commodities in both interstate and intrastate commerce.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Forward Air Corp shares.

Log in and add Forward Air Corp (FWRD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights forward air corp

Ticker(s): FWRD