StockNews.com initiated coverage on shares of Forward Industries (NASDAQ:FORD – Get Free Report) in a report issued on Wednesday. The firm set a “hold” rating on the textile maker’s stock.
Forward Industries Stock Down 3.7 %
Shares of Forward Industries stock opened at $0.50 on Wednesday. Forward Industries has a 52 week low of $0.46 and a 52 week high of $1.10. The business’s fifty day simple moving average is $0.61 and its 200-day simple moving average is $0.69.
Forward Industries (NASDAQ:FORD – Get Free Report) last posted its earnings results on Wednesday, February 14th. The textile maker reported ($0.04) EPS for the quarter. The business 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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