Research analysts at StockNews.com started coverage on shares of Forward Industries (NASDAQ:FORD – Get Free Report) in a research note issued on Monday. The firm set a “hold” rating on the textile maker’s stock.
Forward Industries Trading Down 6.2 %
Shares of NASDAQ FORD opened at $3.92 on Monday. The company has a 50-day simple moving average of $4.49 and a 200-day simple moving average of $5.59. Forward Industries has a 12 month low of $3.55 and a 12 month high of $9.40.
Forward Industries (NASDAQ:FORD – Get Free Report) last released its earnings results on Friday, May 10th. The textile maker reported ($0.50) EPS for the quarter. The business had revenue of $7.83 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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