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An announcement from Forward Industries ( (FORD) ) is now available.
On May 30, 2025, Forward Industries‘ Board of Directors approved several compensation changes. Michael Pruitt, the interim CEO, will receive an annual salary of $200,000 starting May 16, 2025, while CFO Kathleen Weisberg’s salary will increase to $275,000 from June 1, 2025. The board also granted stock options to directors and set new cash compensation levels for independent directors, reflecting adjustments in executive and director compensation strategies.
Spark’s Take on FORD Stock
According to Spark, TipRanks’ AI Analyst, FORD is a Neutral.
Forward Industries’ stock score is primarily impacted by its weak financial performance, marked by declining revenues, negative margins, and high leverage. While technical indicators show positive momentum, the valuation reflects ongoing losses, creating a mixed outlook. Investors should be cautious, considering the financial difficulties despite current market trends.
To see Spark’s full report on FORD stock, click here.
More about Forward Industries
Average Trading Volume: 39,315
Technical Sentiment Signal: Hold
Current Market Cap: $6.62M
Find detailed analytics on FORD stock on TipRanks’ Stock Analysis page.
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