StockNews.com assumed coverage on shares of Forward Industries (NASDAQ:FORD – Free Report) in a research report report published on Wednesday morning. The brokerage issued a hold rating on the textile maker’s stock.
Forward Industries Price Performance
Shares of Forward Industries stock opened at $0.51 on Wednesday. The company’s 50-day moving average price is $0.60 and its 200-day moving average price is $0.69. Forward Industries has a 12-month low of $0.46 and a 12-month high of $1.10.
Forward Industries (NASDAQ:FORD – Get Free Report) last posted its earnings results on Wednesday, February 14th. The textile maker reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $7.15 million for the quarter.
About Forward Industries
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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