Forward Industries (NASDAQ:FORD) Receives New Coverage from Analysts at StockNews.com

StockNews.com started coverage on shares of Forward Industries (NASDAQ:FORD) in a report issued on Sunday. The firm issued a hold rating on the textile maker’s stock.

Forward Industries Stock Performance

NASDAQ FORD opened at $0.53 on Friday. Forward Industries has a one year low of $0.46 and a one year high of $1.10. The company’s 50 day moving average price is $0.55 and its 200 day moving average price is $0.65.

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.