Forward Industries (NASDAQ:FORD) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Forward Industries (NASDAQ:FORD) in a note issued to investors on Wednesday. The brokerage set a “hold” rating on the textile maker’s stock.

Forward Industries Trading Up 0.3 %

FORD opened at $3.82 on Wednesday. The firm has a fifty day moving average price of $4.22 and a 200 day moving average price of $5.34. Forward Industries has a 1 year low of $3.36 and a 1 year high of $9.40.

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.