StockNews.com initiated coverage on shares of Forward Industries (NASDAQ:FORD – Free Report) in a research report released on Wednesday. The firm issued a hold rating on the textile maker’s stock.
Forward Industries Stock Performance
NASDAQ:FORD opened at $0.54 on Wednesday. Forward Industries has a fifty-two week low of $0.46 and a fifty-two week high of $1.10. The firm has a 50-day simple moving average of $0.60 and a two-hundred day simple moving average of $0.68.
Forward Industries (NASDAQ:FORD – Get Free Report) last announced its quarterly earnings results on Wednesday, February 14th. The textile maker reported ($0.04) EPS for the quarter. The firm had revenue of $7.15 million for the quarter.
Forward Industries Company Profile
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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