Today it was reported that the COO of Forward Air Corp (FWRD), Chris Ruble, exercised options to sell 7,926 FWRD shares at $48.54 a share, for a total transaction value of $516.1K.
Following Chris Ruble’s last FWRD Sell transaction on August 01, 2018, the stock climbed by 2.8%.
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Based on Forward Air Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $357 million and quarterly net profit of $27.68 million. In comparison, last year the company earned revenue of $306 million and had a net profit of $35.09 million. FWRD’s market cap is $1.96B and the company has a P/E ratio of 20.93. Currently, Forward Air Corp has an average volume of 28.3K.
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Forward Air Corp. engages in the provision of surface transportation and logistics services to air freight market. It operates through the following segments: Expedited Less-Than-Truckload, Truckload Premium Services, Intermodal, and Pool Distribution.
