Equities research analysts at StockNews.com assumed coverage on shares of Forward Industries (NASDAQ:FORD – Get Free Report) in a report issued on Wednesday. The brokerage set a “hold” rating on the textile maker’s stock.
Forward Industries Trading Up 702.9 %
Shares of NASDAQ:FORD opened at $3.91 on Wednesday. The firm has a fifty day moving average of $5.12 and a 200 day moving average of $6.21. Forward Industries has a 52-week low of $3.65 and a 52-week high of $9.94.
Forward Industries (NASDAQ:FORD – Get Free Report) last released its earnings results on Friday, May 10th. The textile maker reported ($0.50) earnings per share for the quarter. The company had revenue of $7.83 million during 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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