Forward Industries (NASDAQ:FORD) Now Covered by StockNews.com

Investment analysts at StockNews.com began coverage on shares of Forward Industries (NASDAQ:FORDGet Free Report) in a research report issued to clients and investors on Tuesday. The firm set a “hold” rating on the textile maker’s stock.

Forward Industries Price Performance

Forward Industries stock opened at $0.52 on Tuesday. Forward Industries has a fifty-two week low of $0.46 and a fifty-two week high of $1.02. The stock has a 50-day simple moving average of $0.53 and a 200-day simple moving average of $0.64.

Forward Industries (NASDAQ:FORDGet Free Report) last released its quarterly earnings results on Friday, May 10th. The textile maker reported ($0.05) EPS for the quarter. The business had revenue of $7.83 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.

Further Reading

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