Forward Industries (NASDAQ:FORD) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Forward Industries (NASDAQ:FORDFree Report) in a research report sent to investors on Saturday. The firm issued a hold rating on the textile maker’s stock.

Forward Industries Trading Down 3.2 %

NASDAQ FORD opened at $0.52 on Friday. The business’s 50 day moving average is $0.55 and its two-hundred day moving average is $0.66. Forward Industries has a 12-month low of $0.46 and a 12-month high of $1.10.

Forward Industries (NASDAQ:FORDGet Free Report) last released its quarterly earnings results on Wednesday, February 14th. The textile maker reported ($0.04) earnings per share for the quarter. The company had revenue of $7.15 million during the quarter.

Forward Industries Company Profile

(Get Free Report)

Forward Industries, Inc, together with its subsidiaries, designs, manufactures, sources, markets, and distributes carry and protective solutions. The company operates in two segments: OEM Distribution and Design. The OEM Distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits; and various other portable electronic and non-electronic products, such as sporting and recreational products, bar code scanners, GPS location devices, tablets, and firearms.

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